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Author Question: Which of the following was the main insurer of mortgage-backed securities during the mortgage crisis ... (Read 155 times)

khang

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on: Aug 8, 2018
Which of the following was the main insurer of mortgage-backed securities during the mortgage crisis in the United States?
 
  A. American National Insurance Company
  B. American International Group
  C. Allied Insurance
  D. Lincoln National Corporation

Question 2

Which of the following best describes the term toxic assets with respect to the mortgage crisis?
 
  A. the small amount of government funds that was available to bail out mortgage banks
  B. the cash reserve that insurers had to pay back the banks that purchased insurance from them
  C. the value of assets that were used as securities against mortgages
  D. the large number of home mortgages that exceeded the market value of homes


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succesfull

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Reply #1 on: Aug 8, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: D


khang

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Reply #2 on: Aug 8, 2018
Both answers were spot on, thank you once again


succesfull

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Reply #3 on: Aug 8, 2018
Great! Please up vote :D


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