2. The 2008 world financial crisis mainly occurred due to the packaging of housing loans called mortgages into debt securities. Then these debt securities would be further packaged into funds with various names that would only fail in the underlying loans defaulted. Such funds were also sold all over the world in many major financial markets. For more than nine years, the economy was booming and the us housing market was booming as well. So these funds gave extremely high return to its investors. When an economic downturn affected jobs, the defaults on housing loans eventually caused the crash in the global financial system. a.) In the above context explain the concept of debt securitization