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 2008,approximately what percentage of residential mortgage loans in the U.S.was being used as collateral for the issuance of MBS?
A) 25%
B) 50%
C) 75%
D) 100%
Correct Answer:
Verified
Correct Answer:
Verified
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