Question: Explain the difference between the originate-to-hold and the originate-to-distribute strategies. What is the connection between these strategies, moral hazard, and the Great Recession?
Explain the difference between the originate-to-hold and the originate-to-distribute strategies. What is the connection between these strategies, moral hazard, and the Great Recession?
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An originatetohold strategy is one where banks originate mo... View full answer
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