Leading up to the Great Recession, a major problem with computer models used by many banks to predict the performance of mortgage - backed securities was that the models were designed to assume that real estate prices would always rise.
<h3 /><h3>What is a Bank?</h3>
A bank is a financial institution that deals in money. Bank is usually known for the safe deposits that can be made by individuals and for lending money to individuals for their capital expenditures.
Computer used by banks were used to predict the performance of mortgage backed securities but the model was designed to assume that real estate prices would increase all the time,
while this is not the case and in many situations especially in the recession the prices for real estate fall and as a result this will have impact on the performance of the mortgage backed securities.
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Answer:
In a short detached manner.
Explanation:
Staccato is a form of musical articulation that describes a note of very short duration. The word means "detached" in Italian. This sound is generally expressed with the placing of a dot either above or below a particular note. However, this is not always the case when dealing with notation from the past.
Answer:
I don't speak spanish so I can't help :(
Explanation:
Answer:
The minimum penalty is $200.
Explanation:
<u>Florida </u>is the southernmost state of the United States of America, USA. It is the third most populous and eight most densely populated state of the USA.
In the state of Florida, passing a stopped school bus while flashing lights is <u>not allowed</u> and <u>penalty</u> is needed to be paid for it. <u>The minimum penalty that needs to be paid is $200</u>.
