All of the Following Were Significant Changes in the Mortgage

question 30

Multiple Choice

All of the following were significant changes in the mortgage market in the 2000s EXCEPT

• A) investment banks became significant participants in the secondary mortgage market.
• B) lenders loosened lending standards.
• C) mortgage-backed securities became more popular with investors.
• D) borrowers tended to increase the amount of their down payments.

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Definitions:

Recruitment

The process of identifying, attracting, interviewing, selecting, hiring, and onboarding employees.