Multiple Choice
All of the following are examples of risky mortgages that became more common in the 2000s EXCEPT
A) alt-A mortgages.
B) adjustable-rate mortgages with low rates for a few years and then higher rates in later years.
C) mortgages requiring down payments of at least 20%.
D) subprime mortgages.
Correct Answer:
Verified
Correct Answer:
Verified
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