Explain Why Securitization Led to an Erosion of Lending Standards

question 67

Essay

Explain why securitization led to an erosion of lending standards.

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Definitions:

Plain Text Content Control

A feature in document creation software that allows users to insert and control areas of text that accept only plain text input, without formatting.

Date Picker Content Control

A control in document creation software that allows users to insert a date into a document through a calendar-like interface.

Gutter Margin

An extra space added to the inside margins of pages in a document, often used in bookbinding to allow for binding.

Binding

The process of associating or linking two pieces of data or code together in programming.