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Mortgage-backed securities represent bundles of mortgages and can be bought and sold by investors like other financial instruments. All the following are true about Mortgage

Mortgage-backed securities represent bundles of mortgages and can be bought and sold by investors like other financial instruments. All the following are true about Mortgage Backed Securities, EXCEPT

		A) The 'raw material' for MBS is available capital
		B) FreddieMac and FannieMae play significant roles in creating MBS
		C) Rating agencies put credit ratings on MBS, similar to how they would put credit ratings on bonds
		D) MBS played a significant role in the financial crisis of 2008-

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