Business, 20.08.2019 01:20 kimberlyrios12p0ts98

Which of the following explains why mortgages weren't considered securities prior to 1970? a prior to 1970, mortgages were rarely resold in the secondary market. b the federal reserve act of 1913 prohibited mortgages from being considered securities. an amendment to the act was approved in 1970 that allowed mortgages to be considered securities. c congress passed a law in 1970 stipulating that mortgages could be classified as securities. d until 1970, the average annual increase in housing prices did not allow the buying and selling of mortgages to be profitable. there has been a significant annual increase in housing prices and mortgage values since 1970.

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Which of the following explains why mortgages weren't considered securities prior to 1970? a prior t...

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