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Some have argued that the secondary mortgage market was a key driver of the housing market collapse of the late 2000's. 1. How might an

Some have argued that the secondary mortgage market was a key driver of the housing market collapse of the late 2000's.

1. How might an active secondary mortgage market create the potential for disaster? 2. What do you think is the likelihood that foreclosure rates could match those that we saw at the peak in 2010 when approximately 120,000 homes were repossessed in just one month?

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