Question: Introduction This simulation will allow you to assume the role of a loan officer and make lending decisions about mortgage applications to the bank. Once
Introduction
This simulation will allow you to assume the role of a loan officer and make lending decisions about mortgage applications to the bank.
Once you review all the documentation and the loan applications, you will make your recommendations. You will also have a chance to review how your loans performed over the course of the next six months. Based on this analysis, you will answer a few questions and complete your analysis.
Once done, you will need to submit the results of your analysis as an assignment for grading.
Of course, there can be more than one correct decision. Please present your justification of the decisions you are presenting.
Include three approved Loans
1.
2.
3.
Would you have made the same decisions about the loan(s) you approved now that you see how they have performed over six months? Explain.
Are you concerned about the payments that have been made for the loan(s) you approved? What do you think will happen in the next 5 years?
summarize your findings in the one page word document
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