Define the following terms and explain why they were important during the housing and credit crisis of 2007–2009. 

  
Response must be financial and NOT politically focused  
1 page double space, be meager with your words while providing important and crucial details – no rambling. 
watch two videos and answer the question.

Define the following terms and explain why they were important during the housing and credit crisis of 2007–2009. 
· Securitization
· Subprime loans
· Asset write-down.

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