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1.Why did mortgage lenders frequently not check on information provided by potential borrowers on mortgage application forms during the 2000 to 2007 period? 2.How were

1.Why did mortgage lenders frequently not check on information provided by potential borrowers on mortgage application forms during the 2000 to 2007 period?

2.How were the risks in ABS CDOs misjudged by the market?

3. What is meant by the term agency costs? How did agency costs play a role in the credit crisis?

4. How is an ABS CDO created? What was the motivation to create ABS CDOs?

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