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By the Height of the Housing Bubble in 2005 and Early

question 81

Multiple Choice

By the height of the housing bubble in 2005 and early 2006,lenders had greatly loosened the standards for obtaining a mortgage loan,with many mortgages being granted to ________ borrowers with flawed credit histories and ________ borrowers who did not document their incomes.


Definitions:

Memory Errors

Mistakes or distortions in the recall of information or experiences, often due to the limitations or failures in the human memory system.

Sexual Assault

Any sexual activity or behavior that occurs without the explicit consent of the recipient.

Hypnotizes

The act of inducing a trance-like state in which a person is more open to suggestion, typically for therapeutic purposes.

Schema

A cognitive framework or concept that helps organize and interpret information, based on experiences, to understand the world.

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