How does the creation of a secondary market in mortgages help to promote home ownership? Why might
Question:
How does the creation of a secondary market in mortgages help to promote home ownership? Why might the federal government decide to intervene in the housing market to promote home ownership?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
The secondary mortgage market allows banks to transfer the risk of holding mortgage loans to investo...View the full answer
Answered By
Mahesh G
I have more than 7 years of experience in teaching physics, mathematics and python programming to more than 600 students including both online and offline tutoring.
I follow the following 7 step fundamental approach towards tutoring.
1. Curiosity, scope, enlightenment of the topic in hand.
2. Problem Definitions and elaboration.
3. Requisite mathematics, analytical abilities and quantitative
aptitude.
4. Preparing Algorithms for problem statement.
5. Concepts with analogies and building algorithm.
6. Introspection and improvising.
7. Daily class wise Cheat sheets(its not cheating) for consolidation.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
Question Posted:
Students also viewed these Business questions
-
How does the creation of a successful movie influence what, how, and for whom goods and services are produced?
-
Does the sharing of profits result in the creation of a partnership? Explain.
-
How did Kim Clays organizational citizenship behavior lead to the creation of a new computer help desk at MG+BW?
-
M/s Active Builders Ltd. invested in the shares of another company (with an intention to hold the shares for short term period )on 31st October, 2016 at a cost of Rs.4,50,000. It also earlier...
-
Data for Anne Droid Co. Ltd. are presented in P13-5B. ANNE DROID CO. LTD. Income Statement For the Year Ended December 31, 2017 Service revenue...................................551,000 Operating...
-
An investment project has annual cash flows of $4,200, $5,300, $6,100 and $7,400, and a discount rate of 14%. What is the discount payback period for these cash flows if the initial cost is $7,000?...
-
How can a judgment creditor obtain funds in a judgment debtors bank account?
-
Christina Reis is a photographer who owns Lola Lemon Photography. This is the first month of operations. The following are the transactions for the month of September. a. On September 1, Reis...
-
What are Human Rights of Social Work What are Social Justice of Social Work What are Approaches to Social Work Practice What are Diversity and Empowerment Involving Social Work Practice What are...
-
Zimmerman Company performs the following accounting tasks during the year. ________Analyzing and interpreting information. ________Classifying economic events. ________Explaining uses, meaning, and...
-
An article in the Economist magazine notes the following about peer-to-peer lending sites: Instead of a bank intermediating between savers and borrowers, the two parties deal with each other...
-
In a talk at the White House after the end of the financial crisis, President Barack Obama argued: Ultimately in this country we rise and fall together: banks and small businesses, consumers and...
-
In Problem find the volume of the solid under the graph of each function over the given rectangle. f(x, y) = 2x - y; R = {(x, y) |0 x 1, 0 y 1}
-
Indicate whether each of the following statements is true or false by writing T or F in t he a nswer c olumn. A person who fi nds an article has good title against anyone else except the true owner.
-
Indicate whether each of the following statements is true or false by writing T or F i n t he a nswer c olumn. Excess noise (as measured in decibels) cannot affect the health and well-being of...
-
Is the following statement true or false? Explain your reasoning. "I am attending college on a full athletic scholarship, so the opportunity cost of attending college is zero for me."
-
Indicate whether each of the following statements is true or false by writing T or F in the answer c olumn. Contracts made while a person is intoxicated are voidable by either party.
-
The major North American sports leagues prohibit teams from locating within a specific distance of an existing team. Why do they have such a rule?
-
Eckelberger Products, Inc. makes high-speed recorders with high-speed scanning. The small company has been growing at an average rate of 75% per year for the past 4 years. The CEO asked you to...
-
What is the ideal number of children to have? This question was asked on the Sullivan Statistics Survey I. Draw a dot plot of the variable Children from theSullivanStatsSurveyI data set at...
-
During the holiday season, when the publics holdings of currency increase, what defensive open market operations typically occur? Why?
-
In which economic conditions would a central bank want to use a forward-guidance strategy? Based on your previous answer, can we easily measure the effects of such a strategy?
-
In early 2016 as the Bank of Japan began to push policy interest rates negative, there was a sharp increase in sales for home in Japan. Why might this be, and what does it mean for the effectiveness...
-
List and discuss 3 most important work ethics for health care environments. Choose one of your above ethics and explain how failure to practice this can affect an health care agency.
-
Alien Corp. is considering the purchase of a new truck which costs $14,340. The truck is expected to save $3,600 in operating costs annually for the next 7 years. How low can the annual cost savings...
-
What defines acceptable range of variance for estimates in the cost management plan. 2. Which one describe the process to create the budget at completion. . WBS components .aggregation of activities...
Study smarter with the SolutionInn App