Since the mid-1990s, the percentage of new mortgages categorized as sub-prime or Alt-A loans has
A) remained steady at about 5 percent of all loans.
B) decreased to about one third of all loans, while conventional loans have increased to about two-thirds.
C) increased to about one third of all loans, while conventional loans have decreased to about one third as well.
D) decreased as a result of regulations designed to tighten loan standards.

Question

Quizplus · Accepted Answer

Since the mid-1990s, sub-prime and Alt-A loans increased significantly, reaching about one third of all loans, while the share of conventional loans decreased.

Since the Mid-1990s, the Percentage of New Mortgages Categorized as Sub-Prime