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 fewer people to afford homes and that the ___ structure was safer to the health of the overall economy.
A) traditional; traditional
B) newer; newer
C) traditional; newer
D) newer; traditional
Correct Answer:
Verified
Q58: In the 1950s, a traditional, thirty-year fixed
Q59: Homeowner with good credit history usually will
Q60: A mortgage that allows the borrower to
Q61: Asset price "bubbles" are sustained price increases
Q62: "Negative-amortization" mortgages are best-suited to borrowers who
Q64: Asset price "bubbles" occur when buyers expect
Q65: "Exotic" mortgages require a down payment of
Q66: Size and age are "fundamental" determinants of
Q67: Monthly payments on "negative-amortization" mortgages typically increase
Q68: Housing "affordability" is measured by the ratio
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