Answer:
The Global Economic Crisis
Factors that led to the Mortgage Crisis include all:
A) Mortgages were accessible for borrowers who did not meet income and minimum down payment requirements. Moreover, the Fed kept interest rates really low to prevent a recession. This led to a decrease in the demand for homes and a further decline in housing prices.
B) The total amount of risk embedded in the securities created by bundling mortgages did not change. The securitization and resecuritization processes led to a distribution of total risk among different types of collateralized securities.
C) Mortgage payments based on short-term interest rates-called adjustable-rate mortgages (ARMs)—were preferred by subprime borrowers.
D) Rating agencies, such as Moody's and Standard & Poor's, earned fees from securitizing agencies for providing ratings for CDOs. The securitizing agencies were looking for higher ratings for their CDOs, and the rating agencies were earning fees. This led to a conflict of interest; thus, ratings did not reflect the true risk involved in the CDOs, which were backed by mortgages.
Explanation:
Hedge funds, banks, and insurance companies helped to cause the subprime mortgage meltdown while regulators looked the other way. They were given free rein to construct so many complex securities which somehow contributed to the mortgage defaults with financial institutions skimming fees during the securitization processes, and mortgages were made accessible for borrowers who did not meet the income and minimum down payment requirements.
Answer:
An Issues Log.
Explanation:
If you were a project manager, an issues log would be the most helpful document in evaluating project risks and determining whether you should escalate concerns to managers or executives outside the project team for resolution. It is one of the most important documents which helps project managers dealing with the issues related to the project. It is also referred as an issue register where all of the problems, issues and negative outcomes and problems of the project are documented and tracked down. It provides communicating and reporting tool to the project managers.
Answer:
<em>Annual fee</em> - You pay $75 for the privilege of using your card for one year.
<em>Late payment fee </em>- You don't have the money to make your minimum payment one month.
<em>Balance transfer fee</em> - You pay what you owe on one credit card using your new credit card.
<em>Cash advance fee </em>- You take out $400 from an ATM using your credit card.
Explanation:
An annual fee is a common fee that every bank charges for the maintenance of your bank account with all cards attached to it.
A late payment fee is a punishment fee when you do not manage to pay the minimum payment of a borrowed amount during one month.
A balance transfer fee is when you transfer the debt from one credit card to another credit card.
A cash advance fee is the fee paid for withdrawing cash from the ATM that is not from your checking account. It is paid when you take the cash that is within your credit limit.
There are four types of money included in the M2.
Answer:
B)
Explanation:
Based on the information provided within the question it can be said that this scenario is best illustrated by the concept of Age-related changes. This term refers to changes that occur normally due to getting older. Some of these changes include decrease in vision acuity and decreased reaction time, both of which are problems that the older adult client is experiencing.
