Mind47332 Finance and Financial Design Blog

Asset-backed securities (issued to liquidate the loans, including early ABS mortgage (a kind of) Mortgage to a) as collateral. Mortgage bonds are long-term bonds with maturities of 20 to 30 years for which financial institutions issue loans and sell their homes as collateral. If ABS is a bond issued on the basis of all assets including real estate, MBS is different in that it refers to mortgage bonds issued by financial institutions as mortgages. The issuance of MBS will have the effect of early cashing bonds that are still due. In 1999, the Korea Housing Loan Securitization Corporation Act was enacted to provide the basis for this. The domestic MBS market last year was 838 billion won, accounting for only 2% of the total ABS issuance of 51 trillion won. Samsung Life Insurance is the first domestic financial company to issue MBS worth US $ 500mn overseas . The domestic mortgage bond issuance is based on the assumption that MBS is transferred to a foreign asset securit

Mortgage Backed Securities (MBS) is a type of asset-backed securities (ABS) issued by mortgage-backed securities, which are mortgage-backed securities issued by a financial institution for 20 or 30-year long maturity mortgages. It is also called 'housing mortgage-backed securities'. Financial institutions, such as banks, insurance companies, and installment finance companies, will borrow 20-30 years of long-term mortgages from home, and then they will hold mortgage-backed bonds . Banks and other financial companies sell their mortgage-backed securities to SPCs, SPCs issue MBS products, and MBS products are sold by investors in the capital markets. The money is paid to the financial company by becoming cash. Financial companies will be able to use their money as a source of lending for home buyers, as they will be able to collect money for a long time to be reimbursed from customers (debtor) at a time. For example, if a bank lends $ 100 million in mortgages to B

Henry Lehman, Emmanuelle Lehman, and Meyer Lehman founded the company Lehman Brothers in 1850. When cotton was traded at a high price in the market at the time, it started the company as a cotton business. When his eldest brother Henry soldied in 1855, the two brothers jumped into brokerage. After that, he started the finance business to raise funds for the railway business. In 1929, the US Great Depression and the financial crisis were taken over by venture capitalists. In the mid-1970s, he became the fourth-largest investment bank after Salomon Brothers, Goldman Sachs, and First Boston. At the time of filing for bankruptcy in 2008 due to the subprime mortgage crisis in 2007, Lehman Brothers Holdings was the fourth largest global financial services company in the US, following Goldman Sachs, Morgan Stanley and Merrill Lynch . Investment banking, asset management, personal finance and asset management services. The main subsidiaries of Lehman Brothers Lehman Brothers Holdi

A mortgage loan product from the US that lends money to low-income people with low credit ratings. In Korean, it is called a 'loan for a small amount of home mortgage'. Higher interest rates are applied than preferential rates because of the low creditworthiness. The US mortgage market is largely divided into three types of loans depending on the credit rating of individuals who want to buy a house. Credit rating is high, Prime ( Prime ), is lower subprime ( Subprime ), the middle is this alt ( Alt : -A the Alternative is -A) mortgage. The higher the credit rating, the higher the preferential interest rate. Mortgage credit ratings are based on the five categories of credit evaluation firm Fair Issac and Company ( FICO ), including past loan performance, loan balance, transaction period, credit performance and credit hits, Score. The longer the transaction period, the lower the credit score, the lower the credit score, the lower the number of credit views, the

I saw a story about people who ran away without paying taxes to watch TV with my mom . Mom was dragging his tongue out, "Those thieves!" "Why did not you steal money, but why are you a thief?" My mom said, "It's like stealing money to pay. If everyone does not want to pay taxes, the country will have to go to hell. " No, it's a big deal if our country is ruined! When I am an adult, I am sure to pay taxes. Types of Taxes - Money to Earn Money Obligation to pay taxes If you are a citizen of Korea, you have an obligation to pay taxes. Tax is a law that keeps fairness as much as the money paid by all citizens. Higher incomes have a higher tax burden, lower incomes have lower tax burdens, and fewer incomes are tax-exempt. This is a fair tax rule. Taxes can be divided into direct taxes and indirect taxes. 1) Tax on income earned directly on the money 1) Tax on the income earned by an individual or company . Also called income tax. Income earned from

My dad stopped traffic last night . I was so tired that I was driving sleepy while driving. Fortunately, I did not get hurt, but I was struck by the roadside trees on the roadside and the car broke up. But Mom said, "How glad it is that no one is hurt?" He comforted Dad. The cost of fixing broken cars and avenues can all be covered by my father's usual insurance. I was really surprised, but I'm glad that everyone is well done ~! Types of insurance - to prepare for the risk. Personal insurance that you can join freely Personal insurance is an insurance that an individual insists on in order to prepare for his or her future. Life insurance, non-life insurance, education insurance, etc. Life insurance is an insurance to compensate for the physical damage, illness and death caused by various accidents, and retirement pension 1) . The premium is different depending on the size and age, health, occupation, etc. Non-life insurance is an insurance that you join in o