Which of the following does NOT describe the relationship between banks and small business during the 2000s (prior to the financial crisis) ?
A) Banks typically applied fixed guidelines for granting loans, leaving little room for personal judgment.
B) Fewer small businesses received loans as banks shifted their focus to mortgages.
C) Many small businesses were receiving loans from regional and national banks.
D) More banks became convinced that it would be profitable to loosen their loan guidelines to make more borrowers eligible to receive credit.
Correct Answer:
Verified
Q41: Which of the following best describes a
Q42: Which president said,"Prosperity is just around the
Q43: Ordinary (non-securitized)loans cannot be resold after they
Q44: All of the following are true regarding
Q45: All of the following represent returns to
Q47: How are interest payments on mortgages distributed
Q48: All of the following are examples of
Q49: The process by which investment banks guarantee
Q50: Because securitized loans are loans that have
Q51: Which type of borrowers were least likely
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents