By the 2000s, U.S.investment banks had become significant participants in the secondary market for mortgages.

Name: By the 2000s, U.S.investment banks had become significant participants in the secondary market for mortgages.
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This is true. By the 2000s, investment banks such as Lehman Brothers, Bear Stearns, and Goldman Sachs had become major players in the secondary market for mortgages, securitizing home loans and selling them to investors.