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2. During our analysis of mortgages, we focused on two of the four risks associated with mortgages. We started by emphasizing Credit Risk and how

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2. During our analysis of mortgages, we focused on two of the four risks associated with mortgages. We started by emphasizing Credit Risk and how the mortgage market aims to control for Credit Risk. Please discuss in details what the tools for controlling for Credit Risk are. (20 points)

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