Financial innovations that emerged after 2000 in the mortgage markets included all of the following except
A) adjustable-rate mortgages.
B) subprime mortgages.
C) Alt-A mortgages.
D) mortgage-backed securities.
Answer: A
Financial innovations that emerged after 2000 in the mortgage markets included all of the following except
A) adjustable-rate mortgages.
B) subprime mortgages.
C) Alt-A mortgages.
D) mortgage-backed securities.