Multiple Choice
Which of the following was NOT a feature of subprime lending in the housing market in 2005?
A) People took out loans that they could not afford.
B) Banks discouraged subprime lending.
C) Subprime lending made up 20 percent of the market.
D) Mortgage terms often changed after a couple of years.
Correct Answer:
Verified
Correct Answer:
Verified
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