Multiple Choice
A problem with mortgage-backed securities (MBS) was
A) they were too mathematically complicated for the average banker to understand.
B) the relationship between the borrower and the holder of the loan was totally disconnected.
C) average citizens were basing their home mortgages on complicated financial products.
D) they became too popular as a tool for financing high-valued properties.
Correct Answer:
Verified
Correct Answer:
Verified
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