By the height of the U.S.housing bubble in 2005 and early 2006, lenders in the United States had greatly loosened the standards for obtaining a mortgage loan, with many mortgages being granted to sub-prime borrowers ________ and "Alt-A" borrowers ________.

Question

Quizplus · Accepted Answer

The passage states that lenders loosened standards for obtaining a mortgage loan and granted many mortgages to sub-prime borrowers and "Alt-A" borrowers. The options that mention flawed credit histories and lack of documentation of income fit the description of sub-prime borrowers, as they often had lower credit scores and a higher risk of defaulting on their loans.

By the Height of the U