context: As part of the housing and credit booms, the number of financial agreements called mortgage-backed securities (MBS) and collateralized debt obligations (CDO), which derived their value from mortgage payments and housing prices, greatly increased. Such financial innovation enabled institutions and investors around the world to invest in the U.S. housing market. As housing prices declined, major global financial institutions that had borrowed and invested heavily in subprime MBS reported significant losses.
question: గృహ ధరలు క్షీణించినప్పుడు, సబ్ప్రైమ్ MBS లో భారీగా పెట్టుబడి పెట్టడం వల్ల గణనీయమైన నష్టాలను ఎవరు నివేదించారు?
answers: major global financial institutions