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    Exam 21: Thrift Operations
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    During the Credit Crisis of 2008-2009, Some Credit Unions Suffered
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During the Credit Crisis of 2008-2009, Some Credit Unions Suffered

Question 2

Question 2

True/False

During the credit crisis of 2008-2009, some credit unions suffered losses on second mortgages and home-equity loans that they had provided, and some credit unions experienced losses on mortgage-backed securities in which they had invested.

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