Mortgage-backed securities are large blocks of mortgages which have been repackaged into ________ and sold to pension funds and other large investors.
A) stocks
B) bonds
C) mutual funds
D) certificates of deposit

Question

Quizplus · Accepted Answer

Mortgage-backed securities are repackaged into bonds, which are then sold to investors. These bonds are backed by the mortgage payments made by homeowners.

Mortgage-Backed Securities Are Large Blocks of Mortgages Which Have Been