Aggregate economic slowdowns were shown to increase default rates among __________ mortgage loans more than ___________ mortgage loans.

Question

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Aggregate economic slowdowns typically hit borrowers with weaker credit histories harder, leading to higher default rates among subprime mortgage loans compared to traditional mortgage loans. Subprime loans are extended to borrowers with less-than-ideal credit scores, making them more vulnerable during economic downturns.

Aggregate Economic Slowdowns Were Shown to Increase Default Rates Among