One factor that led to the 2007-2008 financial crisis was that investors underestimated the level of risk inherent in the mortgage market.

Name: One factor that led to the 2007-2008 financial crisis was that investors underestimated the level of risk inherent in the mortgage market.
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Investors believed that mortgage backed securities were safe investments and did not take into account the risk of defaults and foreclosures, leading to the collapse of the housing market and the financial crisis.

One Factor That Led to the 2007-2008 Financial Crisis Was