Question
A subprime mortgage is a ______, and a mortgage-backed security is a ______. Group of answer choices loan given to homebuyers with good credit history;
A subprime mortgage is a ______, and a mortgage-backed security is a ______.
Group of answer choices
loan given to homebuyers with good credit history; type of bond that is secured by a bundle of mortgages
loan given to homebuyers with less than stellar credit history; type of bond issued by Fannie Mae and Freddie Mac
loan given to homebuyers with good credit history; type of bond issued by Fannie Mae and Freddie Mac
loan given to homebuyers with less than stellar credit history; type of bond that is secured by a bundle of mortgages
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Principles Of Economics
Authors: Robert H. Frank, Ben Bernanke Professor, Kate Antonovics, Ori Heffetz
6th Edition
0078021855, 9780078021855
