How does the creation of a secondary market in mortgages help to promote home ownership? Why might

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How does the creation of a secondary market in mortgages help to promote home ownership? Why might the federal government decide to intervene in the housing market to promote home ownership?

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Dec 31, 2018 11:45 AM

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How does the creation of a secondary market in mortgages help to promote home ownership? Why might

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The secondary mortgage market allows banks to transfer the risk of holding mortgage loans to investo...View the full answer

Money, Banking, and the Financial System

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