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    Exam 15: Financial Crises and the Economy
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    The Practice of Approving Mortgages in Order to Sell Them
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The Practice of Approving Mortgages in Order to Sell Them

Question 78

Question 78

Multiple Choice

The practice of approving mortgages in order to sell them as mortgage-backed securities is known as ________.


A) originate-to-distribute
B) principal-agent engineering
C) predatory lending
D) a credit default swap

Correct Answer:

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