Implementing A Real Estate Finance System - 1111 Words

Mortgage law is as clear, consistent, and enforceable in the United States as in any place in the world, and far more so than in many countries. Why is this a vital element of an efficient real estate finance system? Because debt financing is used in most if not all RE transactions, mortgages are necessary for eliminating uncertainty; Not only for the borrower but the lender as well. The lender can be certain of what risks are involved and this allows them to determine the risk premium in the interest rate. The borrower benefits immensely from the mortgage as it reduces the cost of borrowing, it details financial rights and obligations, and increases chances of a positive outcome. The Congress has adopted changes in bankruptcy law that would make Chapter 7 bankruptcy more difficult for households, requiring greater use of Chapter 13, thus providing greater protection to unsecured credit card companies. As a mortgage lender, do you care about this? If so, what would be your position? The mortgage lender’s claim to the property has priority according to both chapters. However, it looks like chapter 13 discusses debt workout plans for the borrower. Which in turn may cause delays to foreclosure. In turn, increasing costs for the lender and possibly causing the property value to decrease due to neglect. Residential mortgage terms (mortgage notes) have become increasingly uniform as the mortgage market has become more national and efficient. Is there any downside to this for theShow MoreRelatedWorking At Pennymac Commercial Real Estate Finance1244 Words   |  5 PagesI’m currently working at PennyMac Commercial Real Estate Finance (PCREF) in Irvine, CA as Sr. Loan Closer/Processor for the past eight months. Previous to this position I worked at Opus Bank as a Sr. Loan closer/Processor in structured finance for 3 years until I was laid off. I have over 25 years in the real estate finance industry. Ranging from loan administrator, underwriting, loan officer, and property management. PCREF is a newly developed department to PennyMac Loan Serving since NovemberRead MoreHilton Information System Case Study Essay716 Words   |  3 Pages1919 started by Conrad Hilton and over the next almost hundred years developed into a portfolio of nearly 3,000 properties in 78 countries and a workforce of nearly 100,000 people. In order to finance the quick expansion model, Hilton Hotels Corporations morphed into a franchising model. Total real estate investment is measured in billions of dollars and the company simply did not have the means to raise the capital any other way. Hilton Hotels defined itself as a brand management company whose mainRead MoreStrategic Plan, Part Ii: Swott Analysis1393 Words   |  6 Pagesto chart a strategy,† (Para. 1). The SWOTT analysis of the Manning Solutions will explain seven external and internal forces which may affect the organization. Internal Forces The internal forces being analyzed include processes and systems, technological, and intellectual property, during the implementation of a strategy in a company. Strengths allow an organization to gain competitive advantage by properly using resources and capabilities. Weaknesses limit the company ability toRead MoreThe Transformation Of Housing Discrimination Toward African American1750 Words   |  7 Pagesprohibit the discrimination from color, race, gender, religion or family status (Wolf, Heath). However, there are many invisible rules or requirements that cause African American unable to access to home ownership base on the housing policy system. Because of the system, it makes the housing discrimination on African American even bigger. Of course, there are also others factors that causing the housing gap between African American and Whites, but the most significant factor is that the policies reinforceRead MoreA Guide Up A Self Managed Superannuation Fund Essay902 Wor ds   |  4 Pagesyour finances and investments †¢ More investment options – you can choose where and when to invest †¢ Significant tax benefits Managing your own superfund and getting it right is important. We will provide you with the advice and support to comply with rules and regulation. We can help you: †¢ Establish the fund and relevant registrations †¢ Help manage the rollovers into the fund †¢ Liaise with your Financial Planner to establish an investment †¢ Liaise with your lender to organise property finance †¢ CompleteRead MoreEconomic Turmoil in Latvia1496 Words   |  6 Pageslarge influx of foreign currency into Latvian banks. This in turn kept the interest rates artificially low, and credit was easy to obtain. Latvian banks were using this money to finance aggressive lending, including an unstable property market. Real estate investors, who could get low-interest loans, were driving real estate prices artificially high. The model was unstainable, and by 2008, the over-inflated US housing market started to collapse. Even though Latvia’s GDP grew by more than 10% in 2006Read MoreBenefits Of Using Sap For Business1462 Words   |  6 PagesIntroduction Systems Applications Products (SAP) is a database propelled business incorporation software that integrates all prospects of operating enterprise and that is why SAP software is also known as business integration and predictive software (Bennett, 2013). Business integration simplifies collaboration from one area or industry level to another, improving data stream within an enterprise and makes sure that its stream has a straight, progressive influence on business s productivity (BeyleveldRead MoreHow Skilled A Leader Is No One Posses All Of The Answers985 Words   |  4 Pages McClain cannot simply delegate financial management instead the CEO is responsible for the total leadership of the organization including finances. If Joseph McClain does not commit to learning about nonprofit financial accounting his followers will quickly notice. Once the followers of a nonprofit organization realize that their CEO is unaware of finances, they might attempt to take advantage of the situation leading to more issues like the lawsuit filed in 2006. This could allow embezzlers toRead MoreSleep Country Canada ( Scc ) Essay960 Words   |  4 Pagesleading retailers. Success is also due to marketing, making SCC a recognized brand across Canada. Further initiatives include: broadening SCC’s real estate footprint, implementing store designs to enhance displays, redesigning and expanding products to meet change in consumer demand, employing â€Å"Sleep Expert† retail assistants, as well as upgrading the logistic system and software. SCC also works to enhance employee training and compensation program, increasing employee satisfaction and productivity. RatioRead MoreRole of Tax Authority1218 Words   |  5 Pagespurposes or effects: Revenue, Redistribution, Repricing, and Representation. 1. The main purpose is revenue: taxes raise money to spend on armies, roads, schools and hospitals, and on more indirect government functions like market regulation or legal systems. 2. A second is redistribution. Normally, this means transferring wealth from the richer sections of society to poorer sections. 3. A third purpose of taxation is repricing. Taxes are levied to address externalities; for example, tobacco is taxed

The Zoot Suit Riots The struggle of Mexican American youths

Los Angeles is well known for being the center of fashion, media and entertainment, but also serves as the home for many diverse populations: one of them being the Mexican Americans. Since their arrival, the Mexican Americans has been the target of racism from the white men in the United States. Mexican Repatriation resulted in the voluntary or involuntary migration of Mexicans during 1929-1937, in which 400-500,000 Mexicans left the United States and Mexican Americans were forced to become American through Americanization. These events led to the accumulation of tension between the two races, which then became apparent in the Sleep Lagoon Murder Trial of 1942 and exploded in the Zoot Suit Riots of 1943. The Zoot Suit Riots represented†¦show more content†¦The Pachuco is a symbol not of the guilt of an oppressed Mexican minority, but of a cancerous growth within the majority group which is gnawing at the vitals of democracy and American way of life. The Pachuco and his femin ine counterpart, the Cholitas, are spawns of a neglectful society - not the products of a humble minority people who are defenseless before their enforced humiliation (Daniels 206). Wearing the zoot suits, the Pachucos represented their resistance against social expectations and were able to create their own subculture. The female Mexican American youths, Pachucas or Cholitas, were viewed completely different from the male Pachucos. The Pachucas were very stylish and with their accessories worn, they were viewed as auxiliaries within the Mexican American youths (Daniels 202). While the male Pachucos wearing the zoot suits were viewed as threats to the society, the Pachucas were not viewed as enemies within the country.On the evening of June 3, 1943, the tension between the Pachucos and the white men exploded in what is remembered as the Zoot Suit Riots. Eleven sailors got involved into a fight with youths that were thought to be Mexican Americans, since they were wearing a zoot suit. This incident was publicized and stimulated the resentment within the whites and the other stationed sailors in Los Angeles. In the following days, the white sailors drove around the city of Los Angeles, looking for Mexican Americans in zootShow MoreRelatedThe Power Of The Zoot By Luis Alvarez1293 Words   |  6 Pages In the power of the Zoot, Luis Alvarez investigates the multiple meanings of the immensely popular zoot suit culture during world war two (Alvarez, p. 2). The youth were extremely influenced by the zoot suit. The zoot suit gave minorities a sense of belonging. Throughout this book, the author discusses race, gender roles, generation differences, dignity, and national belonging/violence during world war two. Part one of this book â€Å"Dignity Denied: Youth in the Early War Years†, discusses the politicalRead MoreZoot Suits Riot Film1107 Words   |  5 PagesEurope, riots broke out in the streets of Los Angeles targeting young Latinos. They strived for the same freedom enjoyed by whites, but were treated as poorly as African Americans of the era. In effect, they tried to disassociate themselves from this faction. Young Latino men referred to themselves as pachucos and sported oversize suits known as zoot suits. In the film Zoot Suit Riots, Joseph Tovares remarkably portrayed the difficult lives of Mexican Americans in the 1940s. Zoot Suit Riots is aRead MoreAnalysis of Zoot Suit Essay1141 Words   |  5 PagesThe book Zoot Suit has symbolic significance for Mexican Americans and tells about the riots during World War II. The Sleepy Lagoon Murder was one step in the fight for the rights and respect of Mexican Americans. This riot involved young servicemen and civilians who clashed in the streets of the city with young Mexican Americans who wore the noticeable quot;Zoot Suit.quot; At their height, the riots involved several thousand men and women. In the end no one was killed and only a few wereRead MoreSocial Movements Created by Mexican Americans1447 Words   |  6 PagesAfrican American descent wore suits that had exaggerated shoulder pads, pegged trousers that were very tapered at the ankles, oversized coat, long dangling key chain and wide brimmed hats, this style is called the Zo ot suit. According to the fashion reader, Cosgrove states that â€Å" The word Zoot means worn or performed in its’ lavish style when, most jazz musicians wore, zoot suits on stage like, a famous jazz performer Cab Calloway.† Cab Calloway had inspired many of the young African Americans and HispanicsRead MoreZoot Suit Riots : The Similarities Between The Death Of Jose Diaz And The Zoot Lawsuit Riots?1026 Words   |  5 Pagesdocumentary Zoot Suit Riots, the similarity between the death of Jose Diaz and the Zoot Suit Riots is the zoot suiters both encountered prejudice and critiques in the papers. Hank Leyvas and the boys were sentenced as guilty in Los Angeles tabloid journals. And the Los Angeles press has severe bias against the zoot suiter and even is hostile to them. In the papers, they were partial to the servicemen and said that they had only been avenging injuries on them and their wives caused by zoot suiters. AndRead MoreZoot Suit Riots Essay1406 Words   |à ‚  6 Pages Draped Suits versus Pressed Uniforms Race is an ongoing discussion that has been a prominent topic since the beginning of the United States of America. It is difficult to understand the issues that rise from a factor that people cannot control like their color of their skin or the family ties with religion. Being open and understanding can be difficult if one is not willing to learn and be open towards new ideas that are different. Some of these issues were raised during the 1940’s when the worldRead MoreMexicans And Mexican American Youth2035 Words   |  9 Pagesminorities in the United States can largely be seen in the treatment of Mexicans and Mexican American citizens in the times surrounding World War Two. Such hostilities are reflected in our treatment of Mexican Americans in the late 19th after the Civil War and early 20th centuries, the Sleepy Lagoon murder responses, and the Zoot Suit riots. My primary source reveals a feeling of inferiority in the United States by the Mexican American youth due discr imination that they faced, which can be better understoodRead Morecultural issues Essay1217 Words   |  5 PagesAfrican American, Latino-American, Asian American and European American cultures often deal with important and relevant issues pertinent to that culture but they also connect to all cultures in a universal way. Throughout history in America people of all races have been discriminated against. Immigrants have dealt with experiencing new ways of life and struggled with the tough decision of holding on to their culture or adapting to change. A Raisin in the Sun is a play about an African American familyRead MoreAnalysis Of The Play Fences By August Wilson And Zoot Suit By Luis Valdez2015 Words   |  9 Pages For my final project, I have chosen the plays Fences by August Wilson and Zoot Suit by Luis Valdez to compare and contrast, when it comes to their themes of multiculturalism, interculturalism, and transculturalism. Multiculturalism is the process of immigration and globalization of societies in the world. The world is made up of a mix of many nationalities, cultures, groups, orientations, or ideologies. Multiculturalism involves the acknowledgment of the different groups of ethnic people, culturesRead More Luis Valdezs Los Vendidos Essay1680 Words   |  7 Pagesinto the historical struggles, stereotypes and challenges of Mexican Americans in a unique fashion. Rather than tell the history of Mexican Americans through documentaries and actual footage, the play conveys its message about the true history of Mexican Americans in the United States through both subtle and blatant techniques. Mexican American struggles in the United States date back to the Spanish discovery of the New World in 1492. For over five hundred years, Mexicans have endured social injustices

Henry The Viii And His Six Wiv free essay sample

Essay, Research Paper King Henry VIII, 2nd boy of Henry VII, was the most formidable and celebrated male monarch who of all time reigned in England. Because he wanted a male inheritor, he married six different times throughout his reign. He married for both political and formal grounds. Henry Tudor, named after his male parent, Henry VII, was born June 28, 1491 in Greenwich Palace, London. Since he was the 2nd boy, and non expected to go male monarch, there is small to happen out about his childhood. After Arthur, his older brother, died, Henry was left inheritor to the throne. Henry s instruction had been highly thorough. He could talk and compose fluid Gallic and Latin, understood Italian good and spoke it a small, and by 1520 was conversant with Spanish. He loved reading. His literary endowments extended to passionate love letters, every bit good as poesy. His main involvement was theology. He was a maestro of doctrinal argument. He was good at mathematics, and besides keenly interested in uranology. Henry VII died on April 22, 1509 and his boy became Henry VIII. Henry was merely diffident of 18 old ages old when he became male monarch, and had been fixing for it from the clip of his older brother Arthur s decease. At this age he was really fine-looking. He was really tall with wide shoulders, besides with strong athletic limbs, and just tegument. Henry s coevalss thought he was the most soft and amiable prince in the universe. He was speedy to express joy and intelligent, with a gay expression. He had great personal appeal and a strong personality that won aureate sentiments. Henry VIII professed all his life a deep and sincere religion in God, and for many old ages regarded himself as a true boy of the Church of Rome. He was known to go to every bit many as six multitudes in a individual twenty-four hours, and at least three on yearss when he hunted. Apart from faith, Henry loved gaming, good nutrient, and dancing, in which he did fantastic things, both in dance and jumping, turn outing himself tireless. He was obsessional about hunting, which he preferred above all else. Henry hunted throughout the twelvemonth, both for pleasance and to supply for his tabular array. Bing an first-class equestrian and an expert in the soldierly humanistic disciplines, Henry was besides passionately fond of that other great mediaeval athletics, the jousting tourney, which was about a hebdomadal event during the early old ages of his reign. He was a all right jouster who was conspicuous in the combats, both on horseback and on pes, stand outing everyone else every bit much in legerity at interrupting lances as in nobility of stature. Another athletics at which he excelled was tennis, non the game played at Wimbledon today, but royal ( existent ) tennis played on a difficult, enclosed tribunal. Henry s tribunal is preserved at Hampton Court, an raw and more unsafe game. Henry besides enjoyed Hawking, running the ring, projecting the saloon, wrestle, and archery. He practiced daily at the archery butts and passed a jurisprudence necessitating every adult male in England to pass an hr making the same on Saturday afternoons, such was his religion in the repute of the longbow as the traditional instrument of English military success. He himself could pull the bow with greater strength than any adult male in England. Henry s first married woman, Catherine of Aragon was plump, reasonably, and had beautiful red-gold hair that hung below her hips when loose. She was the widow of King Henry VIII s older brother, Arthur. Catherine was left widowed after a twelvemonth of matrimony when Arthur died in 1501. It was King Henry VII s deceasing want for his boy, Henry, to get married Catherine of Aragon. It was of import for Henry to maintain the confederation between England and Spain. A pact was signed that would let Catherine to get married the following inheritor to the throne. Henry VIII and Catherine of Aragon were married in private on June 11, 1509, the feast twenty-four hours of St. Barnabas, in her cupboard at Greenwich. Catherine did non order manner. She had all the personal qualities needed for a Queen of England. She had strong rules, and put a high moral tone for her family. Catherine s love for Henry was a deep love and would last until decease, as in everything else. She received a good ins truction, compared to or better than that given to most misss of her rank. The Queen was literate, good read and thoroughly conversant with the Scriptures. Between the old ages 1510 and 1518, Catherine gave birth to six kids, including two boies, but all except one girl, Mary, were stillborn or died in early babyhood. Catherine was unable to supply a male inheritor for King Henry VIII, which finally led to the terminal of their matrimony. The King s Anglican Archbishop of Canterbury, Thomas Cromwell, had their matrimony annulled. Anne Boleyn was the 2nd married woman of King Henry VIII. They were in private married in January 1533, but the matrimony did non go known until Easter of that twelvemonth. She was intelligent and witty, and in her younger old ages, she was sweet and cheerful. She loved chancing, played both cards and die, had a gustatory sensation for vino, and enjoyed a gag. She was besides fond of runing. Later in the old ages, she became indiscreet, chesty, and vindictive in her intervention of her enemies. She was regarded as immoral from Thursday vitamin E foremost merely because she was the other adult female in the King s life. Her enemies idea of her as a she-devil, a tigress, and the writer of all the mischievousness that was go oning. Anne Boleyn was female parent of the hereafter Queen Elizabeth I, born in September of 1533. During their matrimony Henry rapidly lost involvement in Anne and began to hold personal businesss with other adult females. All Anne had to make to salvage their matrimony was provide a male inheritor for the King. After two efforts she failed. Committed to the Tower of London, Anne was charged with criminal conversation and alleged to hold been involved in several personal businesss. On May 19, 1536, she was convicted by a consentaneous ballot and beheaded. Jane Seymour, the female parent of King Edward VI, was the 3rd married woman of King Henry VIII. The day of the month of her birth has been estimated as 1509-1510. Jane greatly admired Queen Catherine and subsequently used her as her ain function theoretical account when she herself became queen. As an grownup, she could read and subscribe her ain name. The instruction that was provided for her the usual feminine accomplishments such as family direction, needlecraft and cooking. She enjoyed out-of-door athleticss, holding been taught to sit at an early age, and as a queen she would bask the undermentioned Hunt. Jane was the girl of one of the King s knights. In Henry s efforts to win Jane, he sent her a love missive and a bag. Jane sent the missive and the bag back unopened with a affecting message about her household s award. The King promised to support the award, and they were married May 30, 1536. Jane was the first and merely married woman to supply King Henry VIII with a proper male inheritor. At two o clock in the forenoon of Friday, October 12, 1537, was born a healthy babe male child, Edward. However, Jane was unable to retrieve from the birth and died 12 yearss subsequently, October 24, 1537. The 4th married woman of King Henry was Anne of Cleves, a German princess. Anne was of a low and soft temperament. As for her instruction, she was an adept needle adult female, could read and compose her ain linguistic communication, and was really intelligent. She did non hold no cognition of French, Latin, English, or any other linguistic communication ; nor could she sing or play a musical instrument. They were married for political grounds. Anne was chosen by Thomas Cromwell, the Lord Chancellor. This matrimony was politically convenient, as Henry needed a strong political confederation with Lutheran Germany to set up ties between England and the other Protestant states so that England would non go wholly stray. Their matrimony shortly became a political embarrassment when the confederation between the Catholic powers failed. The matrimony was annulled on July 9, 1540. Anne was rewarded with a big income every bit long as she remained in England and was given the rubric of King s Sister. Catherine Howard, one of 10 kids of Lord Edmund Howard, was Henry s 5th married woman. Catherine was hardly literate, and her instruction had been mostly overlooked. She was a sort hearted miss and ever happy. Catherine had been a amah of award in his old matrimony to Anne of Cleves. Henry s matrimony to Anne was annulled on July 9, 1540, and he and Catherine were in secret married on July 28, 1540 and it was conducted in private by Bishop Bonner. Catherine had been antecedently engaged to her cousin, Thomas Culpepper. She was thought to hold had personal businesss with him and two others, Henry Mannock, a music instructor, and Francis Dereham. In November 1541, the King learned of these supposed personal businesss and became angry. He allowed Parliament to go through a measure of civil death declaring it lese majesty for an unchaste adult female to get married the male monarch. On February 14, 1542, two yearss after the measure was passed, Catherine was beheaded in the Tower of Lond on for offenses of lese majesty. Catherine Parr was King Henry VIII s sixth and last married woman. She was born around the twelvemonth 1512. She was non a pretty adult female, or a beauty, but she had nice ruddy, gilded hair and hazel eyes. Catherine s looks weren t her chief attractive forces. Peoples were drawn more to her warm and good-humored personality and her rational qualities. She was a good conversationist, and loved a friendly statement, particularly on affairs of spiritual philosophy. Catherine proved to be popular with most people, chiefly because she had a pleasant mode. They were married on July 12, 1543. Catherine was the girl of Sir Thomas Parr of Kendall, an functionary of the King s royal family. She had been married twice before her matrimony to Henry, holding been widowed first by Edward Borough, who died in 1529, and so in 1542 when her 2nd hubby, John Neville, Lord Latimer, died. Catherine was a extremely educated and profoundly spiritual adult female. She had a great influence on the male mo narch as his reign ended. She brought the household shut together and developed close friendly relationships with Henry s three kids. After Henry died in January 1547, Catherine remarried a former suer, Thomas, Lord Seymour of Sudeley. She died shortly after giving birth to a girl in 1549. At two o clock in the forenoon, on January 28, 1547, King Henry VIII gave his spirit to God and departed this universe. He was 55 old ages old. He was the most formidable and celebrated male monarch who of all time reigned in England. This was an terminal of an epoch. 344