One reason the housing bubble occurred is because the:
A) securitization of mortgages meant more mortgages were low-risk, attracting investors.
B) herd instinct caused everyone to stop buying homes.
C) recency effect affected people's perceptions of home values.
D) All of these statements are true.
Correct Answer:
Verified
Q62: Mortgage-backed securities are:
A) tradable assets made up
Q63: In events leading to the collapse of
Q64: The sudden explosion of cheap and readily
Q65: In events leading to the housing bubble,
Q66: The same tools that were intended to
Q68: In events leading to the housing bubble,
Q69: The investors who bought mortgage-backed securities just
Q70: As the housing market took off in
Q71: The practice of securitization of mortgages:
A) pooled
Q72: When the housing bubble occurred it can
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