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Hey!Needsomehelpinmyfinanceclass.Thanks. Iwanttobroadenthediscussiontothefinancialcrisisof2007/2008.Whataremortgagebackedsecurities?WhatroledidtheyplayintheU.S.housingcrash?WastheU.Stooreliantonmortgage-backedsecurities?whatwentwrong?Weremortgage-backedsecuritiestheculpritfortheeconomicdisasterin2007/2008? The answer shouldn't be too long but has to explain these questions.

  • Hey!Needsomehelpinmyfinanceclass.Thanks.
  • Iwanttobroadenthediscussiontothefinancialcrisisof2007/2008.Whataremortgagebackedsecurities?WhatroledidtheyplayintheU.S.housingcrash?WastheU.Stooreliantonmortgage-backedsecurities?whatwentwrong?Weremortgage-backedsecuritiestheculpritfortheeconomicdisasterin2007/2008?
  • The answer shouldn't be too long but has to explain these questions.

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