Subprime mortgages were considered toxic assets because mortgages were bought by investment banks and they bundled them and sold them as securities is True.
<h3><u>Explanation:</u></h3>
Toxic assets are those which can be sold a very low price therefore not making any profit for the seller due to significant drop of value or because they aren’t in demand anymore and cannot be sold in the market. Subprime mortgages were one of the risky investments in the midst of the financial recession.
Subprime mortgages from lenders were loaned to borrowers with no assets, poor credit and sometimes not even an income and sold to investors with regular payments as security. This over securitization was one of the major cause that triggered the financial crisis in 2007-2009 and a decrease in housing demand.
It is A for sure then after it might be C
Answer:
A treeless area between the icecap and the tree line of Arctic regions, having permanently frozen subsoil and supporting
Explanation:
It would be the committee formed by several government members
these committee would be filled with people with various expertise that are relevant to the bill that they about to investigate.
They will orchestrated researches and surveys in order to gauge the favorability of the bill and how it would affect the life of the citizens that become the target demographic of the bill.
It might protect you from anything else from outside, maybe to give hyperthermia
