By 2006,20 percent of the mortgage market consisted of:
A) subprime loans,while 80 percent were still regular prime mortgages.
B) prime loans,and an overwhelming 80 percent had become subprime mortgages.
C) securitized loans,and the rest were back by the government.
D) individual mortgage loans,and an overwhelming 80 percent had become securitized loans.
Correct Answer:
Verified
Q59: The practice of dividing packages of debts
Q61: In events leading to the collapse of
Q63: The practice of securitization:
A)pooled high-risk mortgages together,which
Q64: Historically,household debt in the U.S.:
A)had been rising
Q66: The same tools that were intended to
Q67: In events leading to the housing bubble,the
Q68: Mortgage-backed securities are:
A)tradable assets made up of
Q69: Tranching allows packages of reliable,low-risk mortgages could
Q70: As the housing market took off in
Q70: The introduction of the practice of securitization
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents