代写范文

留学资讯

写作技巧

论文代写专题

服务承诺

资金托管
原创保证
实力保障
24小时客服
使命必达

51Due提供Essay,Paper,Report,Assignment等学科作业的代写与辅导,同时涵盖Personal Statement,转学申请等留学文书代写。

51Due将让你达成学业目标
51Due将让你达成学业目标
51Due将让你达成学业目标
51Due将让你达成学业目标

私人订制你的未来职场 世界名企,高端行业岗位等 在新的起点上实现更高水平的发展

积累工作经验
多元化文化交流
专业实操技能
建立人际资源圈

Mortgage risk in the United States

2019-03-08 来源: 51due教员组 类别: 更多范文

下面为大家整理一篇优秀的assignment代写范文- Mortgage risk in the United States,供大家参考学习,这篇论文讨论了美国的房贷风险。自2000年底起,美国房地产市场一片繁荣。在当时美联储实施的低利率环境下,以房屋担保抵押贷款似乎是一项合算又安全的投资。而当时宽松的贷款资格审核,为房贷风险埋下了危机的种子。

Mortgage risk,美国房贷风险,assignment代写,paper代写,北美作业代写

As mortgage rates continue to climb and home prices continue to fall, a cold snap is sweeping through the U.S. real estate market. Us mortgage risks warn China.

America's housing market has boomed since late 2000. In the low interest rate environment that the federal reserve imposed at the time, guaranteeing mortgages against homes seemed like a good and safe investment. Borrowers who can't afford to pay their mortgage can refinance their mortgage to pay off their excessive monthly payments, which undoubtedly makes Americans more eager to buy houses than ever before.

To cash in on the boom, most lenders have started offering subprime mortgages to borrowers with lower credit ratings. They have also lowered the "threshold" by offering loans such as "zero down payment" and "zero documentation" so that borrowers can buy homes without income or assets. Some lending companies even created false information to get the applications of unqualified borrowers approved. Such a relaxed loan qualification audit for the mortgage risk sowed the seeds of the crisis.

From June 2004 to June 2006, the fed raised interest rates 17 times, responding to the rate-sensitive housing market. Since then, home prices, starts and sales have fallen, and a growing number of subprime borrowers have been unable to pay their loans, leading to rising defaults in the market. Currently, 30 percent of Americans with subprime mortgages may not be able to make their payments on time, and about 2.2 million people are at risk of losing their homes because they cannot pay their mortgages.

The nation's home mortgage market is already reeling from the housing slump. New century financial corp., the nation's second-largest subprime lender, said it was one step closer to bankruptcy as Banks and other investors shut down or were ready to shut down financing and huge amounts of debt came due.

Indeed, it is not just new century financial, but also prominent financial institutions such as countrywide financial, America's biggest mortgage lender, and HSBC, a British bank, that have lent to subprime lenders, are under pressure. More than two dozen other large companies have announced they will no longer make new loans, sending shares of many large companies sharply lower.

The number of defaults in American subprime mortgage market has risen to a four-year high since 2007. At the same time, a severe downturn in the housing market will lead to a reduction in the flow of foreign capital into the United States, which has been the main source of the country's huge fiscal and trade deficits. The rising losses in the U.S. subprime mortgage market and rising home default rates have reduced the overall interest of overseas investors in dollar assets, thus reducing the inflow of funds to the U.S., and the dollar will gradually decline, and may push up inflation and interest rates. In particular, the bad debt crisis has spread to the stock market, the foreign exchange market and the bond market, so that the U.S. financial markets have had a shock. If the financial sector goes wrong, the entire U.S. economy will be affected, which will impact the world economy.

Mortgage risks in China's property market are far greater than previously thought, but these problems were masked during the current boom. Take the mortgage risk of the United States as an example, do not regard the personal housing mortgage loan as only high-quality assets, but should be regarded as a kind of loan with high risk, but the risk of this kind of loan has the characteristics of periodicity and hysteresis. Once the boom in China's real estate market reverses, this kind of mortgage fraud will be exposed. Therefore, China's banking regulators as well as the Banks themselves should be vigilant.

51due留学教育原创版权郑重声明:原创assignment代写范文源自编辑创作,未经官方许可,网站谢绝转载。对于侵权行为,未经同意的情况下,51Due有权追究法律责任。主要业务有assignment代写、essay代写、paper代写服务。

51due为留学生提供最好的assignment代写服务,亲们可以进入主页了解和获取更多assignment代写范文 提供北美作业代写服务,详情可以咨询我们的客服QQ:800020041。

上一篇:Civil law and English law 下一篇:British private international