Discussion Questions: What changed in the residential mortgage business that led to the failure of that market in 2007-2008 and ultimately caused a global crisis? Talk about connections and interactions in the housing market, the mortgage market, and the mortgage backed securities market. Could this happen again?In order to get a top grade, you will describe the problem, talk about its causes and consequences, and make a thoughtful comment about whether it will or will not happen again. You can probably accomplish this in 3-4 carefully written paragraphs.
Requirements: 1 page
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