Mortgage crisis, causes of financial crisis in USA and World (part 7)

But the real fact, the Long period calculations is not exactly correct Because, in less than 10 years, many costumers have defaulted or failed to pay. The amount of of the are increased up . As the result, the house was confiscated also increased up. Amount of The house sold are even more and caused [...]

Mortgage crisis, causes of financial crisis in USA and World (part 6)

a question will occure out ” Does the investment banking is a bank”? the answer is “no”. It is only financial company that only “similar” to the bank. In fact investment banking is more free than the bank and has not bound by the bank rules. Investment banking can do a lot of financial transactions [...]

Mortgage crisis, causes of financial crisis in USA and World (part 5)

The term word of “mortgage” comes from the legal term in French. It means: The death of a pledge. This is quite different from home loans/ credit. In a mortgage, you get credit. Then, you have a house. The house that you submit to the appropriate credit. You may occupy it for a mortgage you [...]

Mortgage crisis, causes of financial crisis in USA and World (part 4)

Here the story goes on : Years before the year 1925, the United States has Mortgage laws. That was the law of mortage for house possession. All Americans who have met certain requirements, can obtain a mortgage. For example like this: If the salary/ income of a person has reached US$ 10,000 per year, then [...]

Mortgage crisis, causes of financial crisis in USA and World (part 3)

Thus the description of U.S. economic activity, especially the biggest business, which are controlled by capitalism, that, the fact is if controlled properly , positive impact on U.S. economic growth and prosperity of America’s Economic. This economic growing  causes all the people able to buy their daily needs. Refrigerator, TV, Cars, and Houses sold well. [...]

Mortgage crisis, causes of financial crisis in USA and World (part 2)

Maybe we will think, how much pressured or stress the CEOs who are required to think and develop the value of stocks and the profits of the companies in the same time because, even though it commonly in business, the companies could get profit or lost it.  But there are something strange here, because the [...]