Trending Mortgage Underwriting Discussions

A bank finances an agriculturist to buy a tractor. The loan is secured by: a) Hypothecation b)Mortgage c)Pledge d)Assignment of the tractor?‎

What is the accounting treatment of firm underwriting wheather including in markedup application or unmarkedup application? ‎

Automated Underwriting Systems, can they ever replace humans?‎

If I leave my salaried job and start my own business,what are the initial steps to do so ? ‎

Shall I stick to low risk / low return investment tools such as real estate ? if no what are the recommended investments in the middle east ? ‎

Why do you think people find it difficult to meet mortgage repayments? ‎

 

Answer added by  Dennis Dalomias, Accountant, Arabian Pipeline & Services Co Ltd (ANABEEB)
5 years ago

Mortgage repayments is usually computed based on a person's income which mostly compensation income. An increase in a person's expenses and without an increase ... See More

 

Answer added by  Ashraf E. Mahmoud (PhD), University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF., FreeLancer
5 years ago

Thanks for invitation, I do believe that, the main reason is that they are unable to compromise nor match between their real total income and their total expenses especia ... See More

 

Answer added by  lakshminarasimham mallareddi, Manager Finance & Accounts, M/s. Vandana Global Limited, Raipur, Chhattisgarh
9 years ago

Correct answer is a) Hypothecation if bank finances an agriculturist to buy a tractor.