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The FCIC and the Originate-to-Distribute Model

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The FCIC concluded that the originate-to-distribute model undermined responsibility and accountability for the long-term viability of mortgages and mortgage-related securities and contributed to the poor quality of mortgage loans. True or false and why?

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https://brainmass.com/business/foreign-direct-investment/fcic-originate-distribute-model-519229

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TRUE

This is extensively discussed in the book titled "The financial Crisis Inquiry Report," which was published ...

Solution Summary

This solution explains if the FCIC question listed is true or false, and also explains why.

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