Question: A subprime mortgage is a _ _ _ _ _ _ , and a mortgage - backed security is a _ _ _ _ _
A subprime mortgage is a and a mortgagebacked security is a
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loan given to homebuyers with good credit history; type of stock issued by mortgage companies.
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 with less than stellar credit history; type of stock issued by mortgage companies.
loan given to homebuyers with good credit history; type of bond that is secured by a bundle of mortgages.
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