Davide
Tue Sep 17 2024
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5 answers
1031
What happened to MBS in 2008?
Could you please elaborate on the events that transpired surrounding MBS, or mortgage-backed securities, in 2008? Specifically, how did the subprime mortgage crisis and the broader financial crisis affect the market for MBS? What were the major factors contributing to the decline in their value and the Ripple effects it had on the global economy?
