FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A mortgage loan is a favorable and preferred type of loan for a bank because Othey act as non-standard transactions that are more profitable for

image text in transcribed

A mortgage loan is a favorable and preferred type of loan for a bank because Othey act as non-standard transactions that are more profitable for the bank. it allows the bank to justify opening more branches. the bank will rank better against its peers if it lends more. the bank has collateral for the loan reducing its risk

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook For Surviving The Global Financial Crisis

Handbook For Surviving The Global Financial Crisis

Authors: Barbara Goldsmith

1st Edition

1514811995, 978-1514811993

More Books

Students also viewed these Finance questions

Question

★★★★★
The following accounts are taken from the ledger of Boardin?? Company at December 31, 2010. Prepare a trial balance in goodform. 200 Notes Payable 300 Hawk. Capital 150 Equipment 310 Hawk. Drawing...

Answered: 1 week ago

Question

★★★★★
Under what conditions can the value of H for a reaction be denoted by the symbol H?

Answered: 1 week ago

Question

★★★★★
Write a sample report based on the data provided for Cassie that is integrated and easily understandable for her family. (D1, D7)

Answered: 1 week ago

Question

★★★★★
The tabular analysis of transactions for Colaw Company is presented in E3-4. Instructions Prepare an income statement and a retained earnings statement for August and a classified balance sheet at...

Answered: 1 week ago

Question

★★★★★
Year Maintenance $300 2 $350 3 $400 4 $450 5 $500 What is the equivalent uniform annual maintenance cost for the machinery if the interest rate is 4%? $396.08 A $576.48.B $400.00.CO $375.21.DE

Answered: 1 week ago

Question

★★★★★
OB). 2 EX 5-9 Revenue and cash receipts Journals Transactions related to revenue and cash receipts completed by Sycamore Inc. during the month of March 20Y8 are as follows: Mar. 2. Issued Invoice No....

Answered: 1 week ago

Question

★★★★★
Question 5 1 pts Consider the following C code fragment: typedef union { char c; int i; double d; } my_union; my_union arr[2]; Suppose that arr[0] is stored at memory address 0. At what address is...

Answered: 1 week ago

Question

★★★★★
Networking for Windows 10 includes the configuration of IPv4, wireless networks, wired networks, switches, routers, and firewalls. Laptop users roam into a wide variety of locations where you don't...

Answered: 1 week ago

Question

★★★★★
Q9: Use the Quine-McCluskey method and generate the minimized function, given the following prime implicants. Prime Variables 0 1 2 3 5 13 15 Implicants (0.2) (13, 15) (1.3, 9, 11) (1, 3, 5, 7) ABCD...

Answered: 1 week ago

Question

★★★★★
As of July 2009, Google (ticker: GOOG) had no debt. Suppose the firm were to issue $96 billion in zero-coupon senior debt, and another $32 billion in zero-coupon junior debt, both due in January...

Answered: 1 week ago

Question

★★★★★
5.8 LAB: Structuring data using scale() and MinMaxScaler() The hmeq_small dataset contains information on 5960 home equity loans, including 7 features on the characteristics of the loan. Load the...

Answered: 1 week ago

Question

★★★★★
1. LaunchPad for Real Communication offers key term videos and encourages selfassessment through adaptive quizzing. Go to bedfordstmartins.com/realcomm to get access to: LearningCurve Adaptive...

Answered: 1 week ago

Question

★★★★★
3. For an interesting look at conflict and debate, you need not search further than the U.S. Congress. Debates on the floor of the Senate and House of Representatives are broadcast on C-SPAN and...

Answered: 1 week ago

Question

★★★★★
2. Identify conflict triggers in yourself and others

Answered: 1 week ago

Previous Question Next Question