The GSEs would not purchase subprime and Alt-A nonagency securities during the 2000s. This meant that banks had to buy these risky securities which was a leading factor leading to the collapse of Wells Fargo.
True or false and why?© BrainMass Inc. brainmass.com October 10, 2019, 5:49 am ad1c9bdddf
The opposite is true. The GSEs did purchase subprime and Alt-A ...
This solution explains if the GSE question listed is true or false, and explains why.