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Business, 10.03.2020 01:34 vant

Which of the following is a change in mortgage lending standards that contributed to a rise in defaults after the housing bubble collapsed? An increase in the percentage of the value of the house required as a down payment A decrease in the multiple by which a borrower's monthly income had to exceed the borrower's monthly mortgage payment An increase in the credit rating that lenders required of borrowers

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Which of the following is a change in mortgage lending standards that contributed to a rise in defau...
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