Dynamics of Mortgage Loan: Based on Client Needs Calculate the LTV for this home if they were to use a conventional mortgage and explain the significance of your findings. Loan-to- Mortgage ratio=Loan needed/Value of the property. The total value of home =$289 000 Down payment available(Deposit)=289 000-57000 =$232 000(Loan Value) Therefore, Loan to Mortgage Ration=232 000/289 000 = 80.28% The loan is needed to finance 80.28% value of the house to be bought because the available deposit can only finance 19.72% of the total value.   Compare the mortgage options and recommend a mortgage option that would fit Henri and Lila’s needs based on the scant information you have. There exist two financing options when a client needs to purchase a home, either through cash, loan financing, or a partial mix of the two. Coming up with the best mortgage type is a big tide for the most home buyer, especially when the mortgage is to spread over a long time hence a need to factor in all criteria to make sure the best decision is made. When looking for…

                         Strengths and Weaknesses based on Barclays and Deutsche Bank Strengths Barclays and Deutsche Bank networking for the delivery is robust, and they offer multi-channel for delivery networking. The banks have Branches, ATMs, online banking facilities, and on phone banking facilities. The Banks’ employees are very enthusiastic about their work. Both banks have operational competence. The financial resources available at the two banks are excellent (Wójcik et al., 2018). Their operations are well expanded. The banks’ diversified set-ups include retail investment, consumer lending, place funding, and commercial banking. Fiscal public exhibition of the two banks takes the aid of engineering for enhancing their banking services as they respond electronically to the queries of customers. The banks offer commercial facilities to customers by applying information engineering. The banks supply online security so that thefts and frauds will be prohibited. For this security, the two banks are using different packages. Fraud instances are avoided by using the packages. Barclays and Deutsche Bank are geographically diversified, and they perform their concern operations in various states. Branches of the two banks are widely spread…

Vancouver’s Landscape Portfolio Project  Introduction Looking at Vancouver’s landscape, in particular, the land surface of this area is has formed through the action of diverse natural processes operating over the vast expanse of geological time. Several photographs of the Vancouver metropolitan area indicate natural processes that are slowly modifying the land surface and that impose essential constraints on land use (Briney, 2019). For my Landscape Portfolio, I decided to focus on Vancouver, Canada. Since the project focus on Vancouver, I have gotten to explore the area and have seen many different landscapes. I also have realized how Vancouver has grown as a city with many intriguing landmarks. Being the third-largest city in Canada, Vancouver has an estimated population of 2,581,079 million based on 2020 census calculations and continues to grow daily (World Population Review, 2020). Since Vancouver is such a fast-growing and diversely populous city, the structures within the town portray these effects. The themes I am going to cover in my portfolio include nature of Vancouver, as well as the physical features of this area such as coast mountains,…

What are the several considerations to purchase a good UTV battery? Almost everyone knows about Utility Task Vehicles (UTV). They are a popular choice of people whose professions or businesses requires energy for moving loads over a distance. ATVs are very common, as well. However, more people are aware of the use of UTVs. Choosing a battery for a UTV is very important. Talking about selecting UTV batteries, it’s important to note that these vehicles bank heavily on battery energy for running. They are not like motorbikes that have a kick start performance. UTVs rely on a more powerful power resource. This is an excellent reason to purchase the best battery that you can afford for the best performance of your UTV. People who have UTVs usually purchase maintenance-free batteries. Several UTV battery models are sealed and do not need any maintenance. The fact that they don’t use acid water does away with the need to refill. Below, we are going to discuss how to select the best utv battery. How sturdy is the battery casing It is a fact…

The rates of WACC In the given situation, the initial WACC is 13%, while the new WACC is just 3.5%. At a 10% projected rate of return, the company can opt for the suggestion as the WACC proposed by Harriet is just 3.5%, much less than the risk-free rate. Using 50% of capital from debt and the remaining from retained earning appears to be a great option since there will be lower cash outflow. Cash liquidity and the tax benefits of debt are crucial for business. In the case of capital projects, there is not a predefined cost of capital. Capital cost considers what the sources of funds are and where and how they can be obtained, be it bonds, equity, or retained earnings. The project comes with high inherent risk as the project products are slowing down the sales. In the case of reduced sales, breaking even with the debt will be impossible. The choice of going for the debt cost only will not be a great option as the organization must take the retained earnings into consideration. It…

Worldwide economic recession of 2009 As per the given article, the great recession of 2009 was caused by the policies of the United States government. The housing policies of the government had resulted in the money of the federal banks getting concentrated around the housing sectors. This was primarily because the government wanted most of the population to buy homes. The government also lowered the lending standards, which resulted in the housing financial bubble getting inflated with time. The governments then encouraged firms to buy riskier mortgages, which became a liability once the pricing fell in 2008. As a result, the financial firms on which the government relied on loans and mortgages, collapsed one by one. Some of the notable examples are Freddy Mac and Fannie Mae, which helped the governments in providing affordable housing plans in 1992. The investment made by these financial institutions became bad once the housing prices began to decline, and the loans started to default at higher interest rates. In the given article, the author states that the worldwide economic recession of 2009 was caused…

How Risk Resulted in Bankruptcy of Lehman Brothers Introduction Risk management involves identification of possible risks in advance, carry out all the analysis and precautionary steps that are directed towards identifying the possible solution to gab curd or reduce the risk. For example, a decision on investment expose an organization to various financial risk that might later result of failure if not well managed or growth of the is all the requirement are put in place. An example of risk an organization can experience in Bankruptcy. Therefore, for an organization to conserve and reduce the exposure to absolute investment risk like Bankruptcy, the board of management carries out risk management frequently (Williams, 2019). Lehman Brothers’ failure or Bankruptcy was because the board of management exposed the organization to financial risk. The corporate governance of Lehman Brothers banks was fragile and failed to protect the banks against the excessive taking of risks. The management blamed the economic crisis for being responsible for the Bankruptcy of the Bank. The Lehman Brother bank was exposed to financial risk dues to weakness incorporate risk…

The Covid-19 virus pandemic The Covid-19 virus pandemic is a current issue affecting almost every country in the world. The virus was reported first in China in December 2019, but early January started spreading to the other parts of the world. It has caused a lot of deaths in various countries in Europe. Lately, the virus has spread in the U.S., causing many negative impacts. This has led to the need for significant financial intervention by the government and private sectors. In March 2020, Amazon announced to donate $1 million to four Washington DC community groups to support the people who have been impacted by the covid-19 virus in Washington D.C. The groups include Arlington Community Foundation, ACT for Alexandria, Greater Washington Community Foundation and Community Foundation for Northern Virginia. The groups will use the funds to buy food, offer shelter and emergence assistance to the needy people in the state. Furthermore, Amazon is actively donating cash to food banks that help the most vulnerable population in Washington. The cash banks include D.C. Central Kitchen, Capital Area Food Bank, Martha’s…

2020 People’s Bank of China (PBoC) Working Conference In the 2020 People’s Bank of China (PBoC) Working Conference that held in Beijing from the 2nd to 3rd of January, the Bank stated that the work on the fiat digital currencies was progressed “smoothly” in 2019 and research and development to bring the digital currency to market will continue during 2020.   The PBoC has established that one of their primary goals moving into 2020 was to strengthen their research and development of financial technology at the forefront of which lies the digital currency system that has purportedly been in the works since 2014. The Bank hopes to layout development plans for financial technology, establish and improve upon the present regulations system for financial technology supervision, and refine the testing of financial technology innovation.   The development of the National Digital Currency is China’s bet on being able to let the government retain control of the supply of money and also to monitor and regulate fund distribution. It would replace the “paper” money and help the government track the flow of…

How does bankruptcy impact your homeownership No one has ever wished to file bankruptcy. However, sometimes you may need to file it if you do have any other alternative. The most crucial thing is to understand your options and how they will affect your existing mortgage or future ability to secure home loan financing. The best way to get access to this information is to talk to an attorney. Contact Philadelphia foreclosure lawyer, and you will get all the advice you need before making any decision. You should also understand the two different types of bankruptcy; Chapter 7 and Chapter 13. Chapter 7 bankruptcy wipes out many or all your debts. This option may even force you to sell or liquidate some of your property so that you can pay back some debt. Chapter 13 is like a repayment plan. Chapter 13 allows you to create an arrangement with the bankruptcy court on how you will repay those you owe. Depending on what you can afford, chapter 13 may pay some debts in full. Read on to discover how bankruptcy…