0
residential home mortgages
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What are the four major deposit-type institutions?
commercial banks, savings and loans associations, mutual savings banks, and credit unions.
What do savings and loans associations specialize in?
Savings and loans associates specialize in deposits and mortgage loans.
Is loans to staff an asset or liability?
it is an asset
What was one cause of the savings and loan crisis in the 1980s?
The Savings and Loans industry made many risky loans in the early 1980s. Losses on bad loans forced many banks out of business.
Where can one find lenders that offer asset based loans?
Asset based lending refers to lending to someone and securing the loan against an asset such as a Business. Examples of lenders that offer asset based loans are First Capital and Hilton Baird. The process can be applied online.
What has the author John H Wilkin written?
John H. Wilkin has written: 'A model for savings and loans' -- subject(s): Asset-liability management, Management, Savings and loan associations
What are the four major deposit-type institutions?
commercial banks, savings and loans associations, mutual savings banks, and credit unions.
Is loans to staff an asset or liability?
it is an asset
What do savings and loans associations specialize in?
Savings and loans associates specialize in deposits and mortgage loans.
Is it illegal to secure multiple loans from different banks using one asset?
Yes, if the value of the loans exceed that of the asset being used for security. For example, if you secure loans using your investment account and you have $200,000 in securities within that account, it is NOT illegal to secure four loans of $50,000 with that asset because the asset is large enough to provide the backstop for the loans. However, if you secure four loans of $100,000 using the $200,000 asset, you are committing fraud (because you knowingly misrepresent the claims on the asset).
What are major types of deposit-type institutions?
1. Commercial2. Savings and Loans Association3. Mutual Savings4. Credit Union
What are major types of deposit type institutions?
1. Commercial2. Savings and Loans Association3. Mutual Savings4. Credit Union
Why do you calculate loans and advances on the asset side of the balance sheet?
Loans here means the loans given to other companies/subsidiaries. The company will receive an interest on these loans and hence is an asset. Advances means any payments to staff as an advance.
An institution that offers both saving and checking accounts and that has historically been the major source of home loans is call a what?
A "Savings and Loan" Bank
Does northern rock savings provide homeowner loans?
"Norther Rock Savings provides savings, mortgages and financial planning help to their customers. At this time, they do not offer home owner loans to their customers."
What was one cause of the savings and loan crisis in the 1980s?
The Savings and Loans industry made many risky loans in the early 1980s. Losses on bad loans forced many banks out of business.
Where can one find lenders that offer asset based loans?
Asset based lending refers to lending to someone and securing the loan against an asset such as a Business. Examples of lenders that offer asset based loans are First Capital and Hilton Baird. The process can be applied online.
