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Prior to the Great Depression, mortgages in the United States were O usually short term loans of no more than 3 years. constant amortization loans

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Prior to the Great Depression, mortgages in the United States were O usually short term loans of no more than 3 years. constant amortization loans with monthly payments. often made for amounts in excess of 90% loan-to-value. expected to be refinanced by taking out a new loan at the end of the term. typically made by commercial banks and mortgage companies, D Question 6 3 pts Which of the following was not an area of concern addressed by real estate-specific New Deal legislation? Restoring confidence in the banking system by splitting up commercial and investment banks O Providing liquidity to the nation's mortgage lenders Halting the large numbers of foreclosures sweeping the nation Bringing depositors back to banks and savings and loan associations Enticing lenders to originate new mortgage loans

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