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Can someone please help me with this Mortgage-backed securities (MBSs) are financial derivatives which allow investors to invest in a diversified pool of mortgages and
Can someone please help me with this
Mortgage-backed securities (MBSs) are financial derivatives which allow investors to invest in a diversified pool of mortgages and be on the receiving end of a fairly stable cash flow from house buyers. Explain how MBSs work and why they contributed to the financial panic in 2007, at the onset of the Great RecessionStep by Step Solution
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