Question: A subprime mortgage is a _ _ _ _ _ _ , and a mortgage - backed security is a _ _ _ _ _

A subprime mortgage is a ______, and a mortgage-backed security is a ______.
Group of answer choices
loan given to homebuyers with less than stellar credit history; type of stock that is issued by a mortgage company
loan given to homebuyers with less than stellar credit history; type of bond that is secured by a bundle of mortgages
loan given to homebuyers that carries a low interest-rate; type of stock that is issued by a mortgage company
loan given to homebuyers that carries a low interest-rate; type of bond that is secured by a bundle of mortgages

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