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Based on the provided graphs and your knowledge of subprime mortgages, why was it likely that these types of mortgages were issued at the rate

Based on the provided graphs and your knowledge of subprime mortgages, why was it likely that these types of mortgages were issued at the rate they were, prior to 2004? They were viewed as risk-free by homebuyers O They were likely to be paid back They were likely to default Banks were eager to offer them

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