What would be a solid answer for part C looking to compare

b. If short-term rates rise faster than long rates (as in 2007 prior to the Great Recession), what happens to the slope of the yield curve? Be sure to define yield curve in your answer. If the yield curve represents the interest rates of the returns investors would receive from the U.S treasury bonds long term, then if short term rates were to rise faster than long rates the slope of the yield curve would suddenly start to invert indicating a possible economic recession. After the inversion the market would suddenly start to decline rapidly. This would lead to investors being concerned as it would represent a poor outlook of the market and poor outlook on their investment long term as yields offered by long term fixed income will continue to fall as borrowers pay on time. c. Given your answer to part b, why does the definition of a reportable HMDA rate-spread loan matter? Explain the Fed announcement in 2008 to require depository institutions to use Freddie's weekly interest rate average as the benchmark for reporting rate-spread loans and the underlying logic