Explain how the financial crisis of 2007-2009 that originated in the real estate market and mortgage...

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Explain how the financial crisis of 2007-2009 that originated inthe real estate market and mortgage markets hurt financialintermediaries' attempts to use diversification to limit theriskiness of their loans.

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The Causes of the Crisis 20072009 and Its Real Effects External factors and market influences that produced the house value balloon and the preconditions for the crisis Political factors financial inequities had increased in the United States due to structural insufficiencies in the educational system that created an uneven entrance for various sections of society Politicians from both parties    See Answer
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Explain how the financial crisis of 2007-2009 that originated inthe real estate market and mortgage markets hurt financialintermediaries' attempts to use diversification to limit theriskiness of their loans.

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