Economics · Banking and Finance
Which financial innovation is most closely associated with the securitisation of mortgage loans in the banking sector?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Introduction of collateralised debt obligations (CDOs)✓
- 2Creation of exchange-traded funds (ETFs)
- 3Development of credit default swaps (CDS)
- 4Implementation of high-frequency trading algorithms
Correct answer
Introduction of collateralised debt obligations (CDOs)
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