Which of the Following Was a Contributing Factor to the Rising

Multiple Choice

Which of the following was a contributing factor to the rising default and foreclosure rates beginning in the latter half of 2006?

A) the increasing share of 30-year, fixed rate loans as a share of outstanding mortgages
B) the rigid standards of rating agencies, such as Moody's and Standard and Poors, which limited the development of mortgage-backed securities
C) the price-stability policies of the Federal Reserve during 1998-2008
D) the erosion of lending standards during the preceding decade