What role did mortgage-backed securities play in recession


Problem

What role did the Mortgage-Backed Securities play in the Great Recession of 2007-08 in the US? Discuss one aspect of the issue and leave the rest for the rest of class to discuss.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Financial Management: What role did mortgage-backed securities play in recession
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