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Homework answers / question archive / securitization by Andreas Jobst available at: https://www

securitization by Andreas Jobst available at: https://www

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securitization by Andreas Jobst available at: https://www.imf.org/external/pubs/ft/fandd/2008/09/pdf/basics.pdf            Question: show the effect of securitization
(you can draw a new diagram here). Atif Mian and Amir Sufi write that by securitizing debt
mortgages and not securitizing shared responsibility mortgages, the govt. tilts the field in
the favour of debt mortgages. Briefly explain this statement.

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