To the extent that mortgage defaults contributed to the financial crisis of 2008-2009 in the United States,blame for these actions lies with:

Question

Quizplus · Accepted Answer

All of the above are responsible for mortgage defaults that led to the financial crisis of 2008-2009. Homebuyers who borrowed more than they could afford to repay took on mortgages that they could not sustain, leading to defaults. Mortgage brokers encouraged households to take out larger loans than they could handle, often through deceptive marketing tactics. Government policymakers pushed for policies that encouraged homeownership among lower-income households, leading to increased demand for housing and a subsequent increase in housing prices. All of these factors contributed to the mortgage defaults that led to the financial crisis.

To the Extent That Mortgage Defaults Contributed to the Financial