Define securitized mortgages, or mortgage-backed securities. Describe one way in which this innovation helps banks (be specific).Also
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Define securitized mortgages, or mortgage-backed securities. Describe one way in which this innovation helps banks (be specific).Also provide one way in which its misuse helped lead to the financial crisis of 2008-09 (3 points).
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Securitized mortgages or mortgagebacked securities MBS are financial instruments that represent an o... View the full answer
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