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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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Answer:

E. There is not enough information to calculate the ratio.

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It's necessary the information about the other partner or what it's the total amount of shareholders’ equity to calculate the net income attributable to New York Times.

The only information available it's shareholders’ equity attributable to controlling interest which means there is other part which have the rest.

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3 years ago
Item 2 item 2 companies such as maybelline often use _____ advertising to convince consumers to take action such as switching br
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<span>There are two possible types of advertising that apply. Companies such as maybelline often use push/persuasive advertising to convince consumers to take action such as switching brands, trying a new product, or even continuing to buy the advertised product. 


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3 years ago
Macy is a very creative person. Often, when trying to generate a novel or useful idea, she spends several days "mulling over" th
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Answer:

Correct answer is (E) incubation

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Lindsay needs to purchase a car. The car she is planning o in purchasing costs $8,000
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Answer:

1. $6,000

2. $60

3. $8,180

Explanation:

With the down payment equal to $2,000, amount Lindsay need finance to purchase car would be: $8,000 - $2,000 = $6,000

As Lindsay would pay for a term of 3 years

=> In each year, the amount finance is: $2,000

In one year, with APR = 3%, interest Lindsay has to pay on the loan of $2,000 is: $2,000 x 3% = $60

=> In three years, amount Lindsay pay for interest for the total finance is: $60 x 3 = $180

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3 years ago
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