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1.Why did Lenders/Banks start to securitize mortgages (creating Collateralized Mortgages or Debt Obligations (CMOs/CDOs)? 2.What is the conflict of interest that credit agencies faced leading

1.Why did Lenders/Banks start to securitize mortgages (creating Collateralized Mortgages or Debt Obligations (CMOs/CDOs)?

2.What is the conflict of interest that credit agencies faced leading up to the financial crisis? (hint: The Big Short)?

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