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The Subprime Mortgage and its Effects

Name: The Subprime Mortgage and its Effects
Price: 18.95 EUR
Availability: InStock
Author: Jeremiah Cristobal
ISBN: 9783346475121

Term Paper, 2017

21 Pages, Grade: A

Jeremiah Cristobal (Author)

Excerpt

Inhaltsverzeichnis

I. What is a mortgage
A. What are the different types
1. Fixed rate
2. Adjustable rate
3. Balloon
B. Requirements for a mortgage
1. Pre-qualification
2. Credit score
3. Employment History
C. What institutions give out mortgages
1. Banks
2. Non-banks

II. What is a subprime mortgage
A. How does is work
1. Risk
2. Profit
3. Loss
B. Flaws
1. Interest Rate
2. Value
3. Debt

III. The Crisis
A. Bank
1. Bankruptcy
2. Those who didn't get bankrupt
B. Citizen
1. Homeless
2. Unemployment
C. Government
1. Actions
2. Reputations

IV. The results of it happening again
A. Economy
1. Probability of the Great Depression
2. Probability of less damage
3. Effect on other countries
B. Ways to recover from it quickly
1. Have a more stable economy
2. Remove subprime mortgage
3. Workout with different organizations

Excerpt out of 21 pages

Details

Title: The Subprime Mortgage and its Effects
Grade: A
Author: Jeremiah Cristobal (Author)
Year: 2017
Pages: 21
Catalog Number: V1043474
ISBN (eBook): 9783346475114
ISBN (Book): 9783346475121
Language: English
Keywords: Subprime, Mortage, Fixed rate, Adjustable Rate, Great Depression, Economy, Housing Crisis