A major cause of mortgage market meltdown in 2007 and 2008 was linked to ________.

Name: A major cause of mortgage market meltdown in 2007 and 2008 was linked to ________.
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The securitization of mortgages, which involved packaging them into complex financial instruments and selling them to investors, was a major cause of the mortgage market meltdown in 2007-2008. When the default rates on these securities increased, it caused losses for investors and resulted in a crisis in the financial markets.

A Major Cause of Mortgage Market Meltdown in 2007 and 2008