Multiple Choice
When a mortgage is used as collateral for the issuance of a mortgage-backed security (MBS) ,the underlying mortgage is said to be "securitized." As of the end of 2010,approximately what percentage of residential mortgage loans in the U.S.was being sold into the secondary market and being used as collateral for the issuance of MBS?
A) 25%
B) 40%
C) 85%
D) 100%
Correct Answer:
Verified
Correct Answer:
Verified
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