Mortgage-Backed Securities Lost Their Value When

Mortgage-backed securities lost their value when

A) the underlying assets lost their value.
B) borrowers (the mortgagees) walked away without real obligation to repay.
C) mortgage originators went bankrupt.
D) the underlying assets lost their value, and borrowers (the mortgagees) walked away without real obligation to repay.
E) mortgage originators went bankrupt, and borrowers (the mortgagees) walked away without real obligation to repay.

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