Mortgage Backed Securities: What Went Wrong? As any newsworthy individual knows, the U.S. is currently in the midst of an economic crisis of unprecedented proportions. And while financial experts and policy makers sift through the wreckage of the current economic storm, the disastrous impact of Mortgage Backed Securities is becoming more and more evident. Purpose of the Current Study The purpose of the current study is to provide a detailed discussion and explanation concerning Mortgage Backed Securities and what went wrong. Preview of the Current Study The current report is organized in two parts. Part I of the report presents a background on Mortgage Backed Securities by discussing how they came about and how they were being used. Part...The end:
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