Person of interest

Crisis. According to Kenneth J. Robinson, author of his article, Savings and Loan Crisis, “In the 1980s, the financial sector suffered through a period of distress that was focused on the nation’s savings and loan industry.” As the inflation and interest rates rose in the late 1970s, many S&Ls began to experience huge losses. Even though the rates they paid to attract deposits rose, the amount earned on…

Mastering debt management is a necessary aspect of making your money work for you. A good place to start on your road to Financial Freedom is learning debt management and to begin you have to know the difference between good debt and bad debt. First let me give you some definitions: Good Debt: Any debt where the cost of the debt will be surpassed by the profits that are made by whatever it is that you took on the debt to buy is good debt. Bad Debt: Any debt where the cost of the debt will…

Make note of anything that is important in terms of your loan terms. Important details include: a) the date the loan was dispersed, b) whether you have a cosigner on the loan, c) whether the loan is private or Federal, d) the interest rate on the loan, and e) whether the interest rate is fixed or variable. These details are important for a number of reasons. You need to know when the loan was dispersed because some repayment options and other benefits will only apply to loans that were…

Particulars Amount 1. Borrowed Capital Govt. loan under scheme 2,00,000 @ 10% interest 2. Loan from ASB @…

First, I would need the current interest rate on their savings and investment funds to figure their time value of money. I would need to know the education costs as well as in estimated annual inflation percentage rate. I would also weight the options and research low interest rate student loans versus overextending my finances. Secondly, we know the amount the medical facility costs each month, as well…

In 2008, my life changed forever. The devastation in the real estate market hurled direct consequences into my innocent 14 year old life that I never could have fathomed. I remember my father talking to my mother during dinner and telling her that their portfolio took a really big hit, and that they weren’t very liquid. Our family vacation got cancelled. I recall being particularly mad. Each year one of my siblings was allowed to invite a friend to join us on vacation. This was my year. I had no…

please refer to cell T12 SIMP’s the after tax revenue stream is $72 a month higher, this gives lenders $72 a month more revenue over 10 years to reinvest due to the fact SIMP borrowers monthly payments are composed of $100% principal oppose to 90% interest, in the case of the 30-year model. How do we quantify how much more yield SIMP would receive due to having $72 more dollars each month to reinvest over 10 years? Well one way would be to SIMPly add this amount to our present revenue…

FINANCIAL PLAN 1. Assumptions of the Plan a. Market Size For the Sanglé’s worst-case scenario, the penetration rate would be at 1% each year. Sanglé’s total market size for 2015 is 6, 570, 168 and the target market share for that is 27%. For 2016, the market size is 6, 687, 117 and the target market share for that is 26.6%. For 2017, the market size is 6, 846, 107 and the target market share for that is 25.4%. For the Sanglé’s most-likely scenario, the penetration rate would only be at 2.5%…

Product Risk: A type of mortgage pipeline risk that occurs when a lender has an unusual loan in production or inventory but does not have a sale commitment at a prearranged price. Production is the process of combining various material and immaterial inputs to create an output for consumption or use. The output is a good or service which has value and garners demand. In the production lines of automobiles, the resources needed include raw materials such as steel and glass, machinery and human…

Students up to age of 30 are allowed to open account in this scheme. Bank will provide free of cost insurance to student amounting RS 20,000 per month for 24 months in case of natural death and permanent total disability of parents and guardian (one person whose name has been reported ) . In case of accident ,the amount will be doubled for 24 months. BOP Assan Current Account : Bank of Punjab introduced a simplified account “BOP Asaan Current Account” .Opening a account is not easy task…