The driving force behind the securitization of mortgages and automobile loans has been
A) the rising regulatory constraints on substitute financial instruments.
B) the desire of mortgage and auto lenders to exit this field of lending.
C) the improvement in computer technology.
D) the relaxation of regulatory restrictions on credit card operations.
C
You might also like to view...
Which of the following statements is true with respect to the general structure of a corporation?
A. The corporation is treated as a legal person with rights and obligations jointly shared with its owners and managers. B. Shareholders establish corporate policies and elect or appoint corporate officers. C. A corporation is governed by shareholders who elect a board of directors and approve fundamental changes in its structure. D. The board of directors is responsible for carrying out the corporate policies in the day-to-day management of the organizations.
In which of the following qualitative method are subjects asked to complete an incomplete stimulus?
A) word association B) projective techniques C) visualization D) brand personification E) laddering