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1(a). The type of residential mortgages that most U.S. households use to purchase their homes is a particularly consumer-friendly financial product. List and briefly explain
1(a). The type of residential mortgages that most U.S. households use to purchase their homes is a particularly consumer-friendly financial product. List and briefly explain two aspects of these mortgages that causes most banks to dislike offering them (using their depositor-sourced capital). Note: To receive full credit you must explain the significance of the aspects (i.e., why does each aspect matter to the bank?)
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