Explain why securitization contributed to the problem of people buying homes using mortgages for which they did

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Explain why securitization contributed to the problem of people buying homes using mortgages for which they did not know all the details (such as the negative-amortization mortgages referred to in the text)?

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Feb 11, 2020 08:34 AM

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Explain why securitization contributed to the problem of people buying homes using mortgages for which they did

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Seuritized mrtgges were flexible nd llwed the brrwer t y the interest fr first few yers f th...View the full answer

Issues in Economics Today

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