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Lenders and mortgage brokers wellbeing often go hand in hand and the positives and negatives of inflation have impacts on both entities. You are to
Lenders and mortgage brokers wellbeing often go hand in hand and the positives and negatives of inflation have impacts on both entities. You are to focus on the extract provided 'How lenders can improve their credit risk management system during periods of high inflation' by GDS Link and complete the following risk identification form according to this extract only. The first one has been completed for you as an example. Risk of inflation What is the risk Risk Impact of risk on lenders / management credit risk strategy management Loan taken prior rate fewer instalments, Do not overextend Damage balance spike / overwhelming less interest, contractual obligations sheet, increase in wages money received is of Unnecessary bind lower value
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