Question: How does securitization result in mortgages being sliced into numerous pieces? A . Because the loans have been bundled with other loans and resold to
How does securitization result in mortgages being "sliced into numerous pieces"?
A Because the loans have been bundled with other loans and resold to other investors.
B Because the loans have been separated into smaller loans to offer the home buyer smaller monthly payments.
C Because the loans have been bundled and then sold to the federal government.
D Because the loans have been separated into several smaller loans with lower and higher interest rates.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
