Exam (elaborations)
FIN 3133 - Part one Questions and Answers | New One | Grade A+
- Course
- Institution
How does the creation of a secondary market in mortgages help to promote home ownership? Ans: A and B only. A. By allowing banks to offer a lower interest rate than if they held the loan themselves. B. By allowing banks to transfer the risk of holding a loan to firms that have economies of sc...
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