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lana [24]
3 years ago
6

Borrowers who met certain requirements for mortgages, such as minimum income level relative to the total mortgage amount, could

obtain mortgages that were qualified to be securitized. Such mortgages were called_________________.
Business
1 answer:
AleksAgata [21]3 years ago
6 0

Answer:

Subprime or Alt-A mortgages

Explanation:

Generally, there are three types of mortgages: prime mortgage, subprime mortgage, and Alt-A mortgage.

Prime mortgages are mortgages that are usually given to people with excellent credit rating, who can meet all requirements and they are considered as high quality borrowers. Therefore, the interest rates they are offered usually relatively low.

Subprime mortgages are mortgages that are usually given to people with poor credit ratings or histories, who cannot meet all requirements to be given conventional mortgages and are considered as low quality borrowers.  Therefore, the interest rates they are offered usually relatively high because the mortgage is considered as the riskiest.

The full meaning of Alt-A mortgage is Alternative A Mortgages which is a type of mortgages for people whose credit ratings or risk profiles lie between prime and subprime. The holders can meet more requirements than the holders of subprime mortgage but not as much as the holders of a prime mortgage. This mortgage is riskier than the prime mortgage but less risky than subprime mortgage. Therefore, the interest rates it offered are therefore higher than what the holder of prime mortgage get but it lower than the interest rates offered to the holders of subprime mortgage.

Best of luck.

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The two types of utilitarianism are _____ and _____ . primary; secondary causal; superfluous consideration; evoked proactive; re
serious [3.7K]

Answer:

The two kind of utilitarianism are act and rule

Explanation:

Utilitarianism is the form or kind of consequentialism as it rests the idea which is the result or consequence of laws, actions or policies, and determine or evaluate whether they are right or wrong.

The 2 types of utilitarianism are rule and act, where rule utilitarianism is the one which focus on the effects of kinds of actions like stealing o killing and the act utilitarianism is the one which focus on the effects of the individual actions.

8 0
3 years ago
James would like to create a sole proprietorship operating under the name Super
Sever21 [200]

Answer:

James will need to register the business with his local state as the

name of his business differs from his own.

Explanation:

5 0
3 years ago
Which of the following best illustrates the spirit of stewardship? Lobbying government officials to increase the drilling for of
Natasha_Volkova [10]

Answer:

Promoting the recycling of paper and aluminum on university campuses

Explanation:

Environmental stewardship refers to taking care and protecting the environment by engaging in sustainable practices and conservation activities. By promoting a recycling program in campus, you are carrying out a sustainable practice that will help reduce the number of trees used to produce paper and the quantity of aluminum mined.

8 0
3 years ago
Read 2 more answers
That is it called when you give up something to have<br> something else
KengaRu [80]

When you have to give up one thing in order to get another this is called a <u>Tradeoff</u>.

<h3>Why do we have tradeoffs?</h3>
  • As a result of scarcity, the resources available to us are not enough for all our needs and wants.
  • We are forced to choose between needs and wants that will be satisfied.

Tradeoffs therefore lead to opportunity costs because we would be giving up the benefits of the alternative to the option we chose.

Find out more on tradeoffs at brainly.com/question/7072776.

5 0
2 years ago
A fast-food restaurant serves hamburgers, cheeseburgers, and chicken sandwiches. The restaurant counts a cheeseburger as equival
konstantin123 [22]

Answer:

a. 14.13 Hamburger per week b. 13.78 Hamburger per week

Explanation:

a. First of all we can convert all the items on the menu to a same unit.

1 Cheese Burger = 1.29 Hamburger

1 Chicken Sandwich = 0.8 Hamburger

So in the first week total output of the restaurant is

Output = 700 Hamburger + 900 Cheeseburger + 500 Chicken Sandwich

or

Output = 700 Hamburger + 900*1.29 Hamburger + 500*0.8 Hamburger

Output = 2261 Hamburger

And as there are 4 workers so total input is

Input = 4*40 = 160 hours

The productivity is given by

Productivity = Output/Input

So

Productivity = 2261 Hamburgers/160 Hours

Productivity = 14.13 Hamburger per week

b. If the restaurant sold 720 of each sandwich, then total output would be given by

Output = 720 Hamburger + 720 Cheeseburger + 720 Chicken Sandwich

Output = 720 Hamburger + 720*1.29 Hamburger + 720*0.8 Hamburger

Output = 2204.8 Hamburger

So the productivity would have been

Productivity = 2204.8 Hamburgers/160 Hours

Productivity = 13.78 Hamburger per week

Which would have been lower as that of in the first case.

3 0
3 years ago
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