This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following was the main insurer of mortgage-backed securities during the mortgage crisis ... (Read 131 times)

khang

  • Hero Member
  • *****
  • Posts: 569
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

succesfull

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Aug 8, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: D


khang

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Aug 8, 2018
Both answers were spot on, thank you once again


succesfull

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Aug 8, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Four main models that describe the relationship between ecosystem function and biodiversity. Four main models that describe the relationship between ecosystem function and biodiversity.
Pre–Main-Sequence Stars Pre–Main-Sequence Stars
Targeting female fetuses for abortion has become a main issue of the emerging feminist movement in ... Targeting female fetuses for abortion has become a main issue of the emerging feminist movement in ...
The two main types of nerve cells. The two main types of nerve cells.
France has produced most of its energy from nuclear power since the oil crisis of the 1970s France has produced most of its energy from nuclear power since the oil crisis of the 1970s
Video: Bulk flow - Factors that influence bulk flow

For a complete list of videos, visit our video library