The originate-to-distribute business model has a serious ________ problem since the mortgage broker has little incentive to make sure that the mortgagee is a good credit risk

A) principal-agent
B) debt deflation
C) democratization of credit
D) collateralized debt

A

Economics

You might also like to view...

The amount of funds the Social Security system has loaned the federal government is

A) excluded from the net public debt. B) added to the gross public debt to calculate the net public debt. C) included in the net public debt. D) not included in the gross public debt.

Economics

In the above figure, a shift in the budget line in the direction indicated would occur as a result of

A) a decrease in money income. B) an increase in money income. C) a fall in the price of a movie. D) a rise in the price of movie.

Economics