FOR ACADEMIC-EXCELLENT ONLY

/in /by

1)What’s securitization? How does it encourage lax mortgage lending?  

 

2. What key roles were rating agencies supposed to play in managing the risk associated with securitization? In particular, without a rating agency, why would it  have been hard (if not impossible) for securitization to have emerged?  

 

3. Why did rating agencies do a poor job?  

4. What can be improved to solve the problem

 
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