Question

1- What were the large bonds called that were made of bundles of subprime mortgages?

zero-coupon bonds

mortgage-backed securities

tranches

2-

Lending to people who would not usually be able to qualify for a mortgage traditionally is what type of lending?

		Prime
		Qib pro
		Sub-prime
		Elastic return

stock index funds

3-

What does a banker receive when home owners default on their mortgage payments?

Nothing

Bankruptcy

A home

Half of the remaining payments

4-

The downturn in economic activity that followed the economic crisis described in the video is known as

		Black Friday.
		the Great Collapse.
		the Great Recession.
		the Great Depression.

Answer 1

Answer 1.What were the large bonds called that were made of bundles of subprime mortgages

-mortgage-backed securities

Answer 2.Lending to people who would not usually be able to qualify for a mortgage traditionally is what type of lending?

-Sub-prime

Explanation- in sub prime lending generally the borrower has th difficulty in maintaining repayment schedule.

Answer 3.What does a banker receive when home owners default on their mortgage payments?

A home

Explanation- in case of default, the bank has the right seize the property.

Answer 4.The downturn in economic activity that followed the economic crisis described in the video is known as

- the great recession

In q. n 4, video is not specified.