To the extent that mortgage defaults contributed to the U.S. financial crisis of 2008-2009, blame for these actions lies with:
A)homebuyers who borrowed more than they could afford to repay.
B)mortgage brokers who encouraged households to borrow excessively.
C)government policymakers who pursued policies to encourage homeownership.
D)all of the above.

Question

Quizplus · Accepted Answer

The financial crisis was a result of multiple factors, including homebuyers taking on excessive debt, mortgage brokers pushing risky loans, and government policies promoting homeownership.

To the Extent That Mortgage Defaults Contributed to the U