2. Securitization has spread from mortgages to student loans, auto loans, and credit-card debt. However, few loans
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2. Securitization has spread from mortgages to student loans, auto loans, and credit-card debt.
However, few loans to businesses have been securitized, except for loans guaranteed by the government’s Small Business Administration.
Explain why. LOP8
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Related Book For 
Macroeconomics And The Financial System
ISBN: 9781429253673
1st Edition
Authors: N. Gregory Mankiw, Laurence Ball
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