A new form of disintermediation in recent years has involved some banks and savings and loans selling off their capital by purchasing large quantities of new loans in an attempt to bolster their revenues, according to the text.

Question

Quizplus · Accepted Answer

Disintermediation typically refers to the process where banks or savings institutions lose their traditional role as intermediaries because customers directly invest or borrow from other sources, rather than the institutions selling off their capital to purchase new loans.

A New Form of Disintermediation in Recent Years Has Involved