Banks lost money during the mortgage default crisis because
A) of defaulted loans to investors in mortgage-backed securities.
B) they held mortgage-backed securities they had purchased from investment firms.
C) homebuyers defaulted on mortgages held by the banks.
D) of all of these reasons.
Correct Answer:
Verified
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A)gold certificate.
B)Treasury note.
C)Treasury
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A) has the same
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