In the Early 2000s, Mortgage Banks Would Set Up Entities

question 35

Multiple Choice

In the early 2000s, mortgage banks would set up entities called Special Purpose Vehicles (SPVs) , which enabled banks to issue bonds to investors to raise finance to buy collections of ________

• A) houses.
• B) mortgages.
• C) assets.
• D) debt.

---

Definitions:

Rewrite

To express something in a different form or manner, often with the aim of clarification or simplification.

Rational Exponents

An exponent that is a fraction, where the numerator indicates a power and the denominator indicates a root.

Rewrite

The act of expressing something in a different way or form, especially to clarify or simplify it.

Radical Expression

An expression that includes a square root, cube root, or higher root symbol.