Which of the following statements is NOT CORRECT regarding Saving \& Loan Associations (S\&Ls) before securitization S\&Ls might not have enough money to fund an entire home. S\&Ls were raising money through short-term floating-rate deposits, but making loans in the form of long-term fixed-rate mortgages. When interest rates increased, S\&Ls faced crisis because they had to pay more to depositors than they collected from mortgagees. S\&Ls had legal resources to collect mortgage payments from borrowers