In comparing the traditional way of structuring mortgages and the newer structure of providing mortgages that securitized them and insured those securities with credit default swaps , it is clear that the ____ structure allowed more people to afford homes and that the ___ structure was safer to the health of the overall economy.

Question

Quizplus · Accepted Answer

The newer structure of securitizing mortgages and insuring them with credit default swaps allowed more people to afford homes, but it also led to the 2008 financial crisis, showing that the traditional structure was safer for the overall economy.

In Comparing the Traditional Way of Structuring Mortgages and the Newer