Answer each of the 2 essay questions below with a response that is at least 300 words in length. The total submission for this week should be 600 words in length. APA formatted and 5% similarity. Make sure you use adequate, credible and reliable APA source 2 citations to support your work

 

1. What are mortgage-backed securities, why were they developed, what types of mortgage-backed securities are there, and how do they work?

2. Describe the sequence of events in a financial crisis and explain why they can cause economic activity to decline.