Exotic mortgages became popular in part because they allow, Ask an Expert

Economics

"Exotic" mortgages became popular in part because they allow someone of:

A. means to get into a home they would easily have been able to afford.

B. modest means to get into a home they might otherwise not have been able to afford.

C. modest means to build more equity in their home than a traditional mortgage would allow.

D. modest means to build their credit score by proving they could make challenging payments.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91238333

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