The Driving Force Behind the Securitization of Mortgages and Automobile

question 65

Multiple Choice

The driving force behind the securitization of mortgages and automobile loans has been

• A) the rising regulatory constraints on substitute financial instruments.
• B) the desire of mortgage and auto lenders to exit this field of lending.
• C) the improvement in computer technology.
• D) the relaxation of regulatory restrictions on credit card operations.

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Definitions:

Episodic Memory

A type of long-term memory that involves recollection of specific events, situations, and experiences.

Prospective Memory

Remembering to do something at some future time.

Historical Dates

Specific points in time that are recognized for their significant events or occurrences, often marking important moments in history.

Daydreaming

A short-term detachment from one’s immediate surroundings, during which a person's contact with reality is blurred and partially substituted by a visionary fantasy, especially one of happy, pleasant thoughts, hopes, or ambitions.