Which two statements below are contributing factors to the home mortgage crisis? Companies were guilty of unwise lending practices. Interest rates made it too hard to purchase a home. The Federal government was guilty of poor policies. There was too much oversight into lending practices.

Question

Jovani Gallegos

History

12 November, 14:00

Which two statements below are contributing factors to the home mortgage crisis? Companies were guilty of unwise lending practices. Interest rates made it too hard to purchase a home. The Federal government was guilty of poor policies. There was too much oversight into lending practices.

+5

Answers (1)

Know the Answer?

Pogo · Answer 1

"Companies were guilty of unwise lending practices" and " The Federal government was guilty of poor policies" are both correct since there was lots of "loose lending" that allowed people who weren't prepared to purchase homes.