Multiple Choice
Which of these was a change in banks' lending practices that contributed to a housing bubble?
A) Lenders began to require borrowers to provide proof of income.
B) Banks began to originate subprime loans they did not intend to keep.
C) Banks developed fixed-rate mortgage loans.
D) Banks began to rigorously check borrowers' credit quality.
Correct Answer:
Verified
Correct Answer:
Verified
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