Add a detailed description of mortgage-backed securities in the context of the Global Financial Crisis, which includes:
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Add a detailed description of mortgage-backed securities in the context of the Global Financial Crisis, which includes:
- A detailed and specific outline of mortgage-backed securities themselves,
- an explanation of why they can be useful financial instruments,
- an explanation of the role they played in the Global Financial Crisis, and
- a comparison between 2) and 3), explaining why the potential benefits and uses of mortgage-backed securities did not manifest in the Global Financial Crisis.
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