Which of the following was NOT a feature of subprime lending in the housing market in 2005?
A) People took out loans that they could not afford.
B) Banks discouraged subprime lending.
C) Subprime lending made up 20 percent of the market.
D) Mortgage terms often changed after a couple of years.

Question

Quizplus · Accepted Answer

Banks actually encouraged subprime lending in 2005, which was a major factor in the housing market crash.

Which of the Following Was NOT a Feature of Subprime