Which of These Was a Change in Banks' Lending Practices

question 94

Multiple Choice

Which of these was a change in banks' lending practices that contributed to a housing bubble?

• A) Lenders began to require borrowers to provide proof of income.
• B) Banks began to originate subprime loans they did not intend to keep.
• C) Banks developed fixed-rate mortgage loans.
• D) Banks began to rigorously check borrowers' credit quality.