The driving force behind the securitization of mortgages and automobile loans has been
A. the rising regulatory constraints on substitute financial instruments.
B. the desire of mortgage and auto lenders to exit this field of lending.
C. the improvement in computer technology.
D. the relaxation of regulatory restrictions on credit card operations.
Answer:C
The driving force behind the securitization of mortgages and automobile loans has been
A. the rising regulatory constraints on substitute financial instruments. B. the desire of mortgage and auto lenders to exit this field of lending. C. the improvement in computer technology. D. the relaxation of regulatory restrictions on credit card operations.