The development of MBS market
The development of MBS market.
1.What roles are played by Freddie and Fannie in the MBS market? What special features of these enterprises made the financial markets to treat them specially?
2. How did the mortgage market and the MBS market grow over the past two decades? What about the growth of the subprime MBS market? How did the market yield of MBSs change over time?
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