Explain how mortgage securitization makes it easier to borrow money to buy a house but harder to
Question:
Explain how mortgage securitization makes it easier to borrow money to buy a house but harder to deal with when a house is sold for a loss?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
Under seuritiztin finnil institutins bundle the hme mrtgges tgether nd sell them tgether s their shr...View the full answer
Answered By
Antony Mutonga
I am a professional educator and writer with exceptional skills in assisting bloggers and other specializations that necessitate a fantastic writer. One of the most significant parts of being the best is that I have provided excellent service to a large number of clients. With my exceptional abilities, I have amassed a large number of references, allowing me to continue working as a respected and admired writer. As a skilled content writer, I am also a reputable IT writer with the necessary talents to turn papers into exceptional results.
4.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Explain why it is easier to borrow money to buy a semi truck than to purchase rights to a business process.
-
Multiple Choice Questions: 1. Money's principal role is to serve as? a. A standard for credit transactions. b. A medium of exchange. c. A standard for making bank loans. d. A standard for the real...
-
Carolina Trucking Company (CTC) is evaluating a potential lease agreement on a truck that costs $40,000 and falls into the MACRS 3-year class. The loan rate would be 10 percent and would be amortized...
-
In Exercises use a computer algebra system to analyze the graph of the function. Label any extrema and/or asymptotes that exist. f(x) || 1 xx2
-
Categorise each of the following common financial instruments in one of the four categories specified in IAS 39. Assume that the entity does not elect the 'at fair value through profit or loss...
-
The following contingency table summarizes supermarket transaction data, where hot dogs refers to the transactions containing hot dogs, \(\overline{\text { hot dogs }}\) refers to the transactions...
-
Mrs. Palsgraf was waiting for a train on a platform of a railroad. When a different train came into the station, two men ran to get on that train before it left the station. While one of the men...
-
Sid Davidson was able to determine the activity times for the leadership training program. He would like to determine the total project completion time and the critical path. The activity times...
-
A bank in Toronto charges 2.2% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.1153. a. How many Canadian dollars will you have to pay to purchase US$4,500?...
-
Consider the following scenario to understand the relationship between marginal and average values. Suppose Dmitri is a professional basketball player, and his game log for free throws can be...
-
Explain why to whom a country owes its money matters in terms of the true burden a national debt will have on future generations?
-
Explain why securitization contributed to the problem of people buying homes using mortgages for which they did not know all the details (such as the negative-amortization mortgages referred to in...
-
The board of directors of Laptops Plus authorizes the issue of $9,000,000 of 7%, 15-year bonds payable. The semiannual interest dates are May 31 and November 30. The bonds are issued on May 31, 2016,...
-
After collateral is sold, the proceeds are first paid for what?
-
what is a commission merchant?
-
Company A has $17 million of outstanding equity and $6 million of bank debt. The bank debt costs 5% per year. The estimated equity beta is 2. If the market risk premium is 6.5% and the risk-free rate...
-
Make a list of 10 appropriate tasks that would be required for a CPOE implementation at NCMC. These tasks need to be specific to this electronic health record implementation (not general project...
-
A closed cylindrical tank, 1m diameter, 3m high, is full of water. It is rotating about its vertical axis with a speed of 120 rpm. Find the pressure, in Kpa, at the top just under the cover along the...
-
When an 80.0-kg man stands on a pogo stick, the spring is compressed 0.120 m. (a) What is the force constant of the spring? (b) Will the spring be compressed more when he hops down the road?
-
a) Show that (a, b) := {{a}, {b}} does not satisfy the ordered pair axiom. b) Determine whether each of the following statements is true or false. (Give a reason in each case): (i) {a, b} C (a, b)....
-
Debbie is 23 years old, a full-time student and a dependent of her parents. She earns $4,200 working part-time and receives $2,200 interest on savings. She saves both the salary and interest. What is...
-
John and Georgia are a married couple with two dependent sons. Their salaries total $130,000. They have a capital loss of $8,000 and tax-exempt interest income of $1,000. They paid home mortgage...
-
Mike and Linda are a married couple who file jointly. They have three dependent children who are full-time students in 2017. Mike and Lindas taxable income is $180,000 and they provided $8,000 of...
-
Suppose the North Carolina University system tests the idea that computerization of statistics classes increases student performance in the courses. If the computers are found to have a beneficial...
-
M. Handy is a self-employed painter who earned $32,400 last year. Her FICA tax rate is 15.3% of her earnings. How much FICA tax did she pay?
-
Using the same iThe Shouldice Hospital specializes in hernia operations. They have a special procedure that not only has a much higher rate of long-term success than other hospitals, but also allows...
Study smarter with the SolutionInn App