Discuss the pros and cons of a 30 year, fixed rate loan.  In addition, should Congress and state legislatures more closely monitor and regulate the mortgage industry in light of the mortgage collapse?  Has the mortgage industry recovered enough to not require further government oversight?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter1: An Overview Of Financial Management And The Financial Environment
Section: Chapter Questions
Problem 16MC: Briefly explain mortgage securitization and how it contributed to the global economic crisis.
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Discuss the pros and cons of a 30 year, fixed rate loan.  In addition, should Congress and state legislatures more closely monitor and regulate the mortgage industry in light of the mortgage collapse?  Has the mortgage industry recovered enough to not require further government oversight?

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