StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Macroeconomics Interview Assignment - Essay Example

Cite this document
Summary
The subject of this interview is “the causes and effects of the subprime mortgage crisis” the core players in this industry include the homebuyers and business people or investors. The interviewer’s name is John Holms, an investor in Texas. John Holmes has been in the home…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
Macroeconomics Interview Assignment
Read Text Preview

Extract of sample "Macroeconomics Interview Assignment"

Download file to see previous pages

as a set of actions and conditions that were fundamental attributes of a financial crisis and ensuing recession, which become evident and visible in 2008. Some of the actions or factors that contributed to this crisis of rise and fall of housing costs are attributed of the securities held by the financial institutions. The ensuing years leading to the crisis, the United States had received large sums of money in terms of foreign loans from fast developing economies such as Asia and other oil manufacturing nations (Rao, and Sisodiya, 11).

The huge inflow of foreign funds and low U.s rates of interest between 2002 and 2004 is attributed to the volatile milieu characterised by easy credit conditions. This environment is immensely attributed to the housing and credit bubbles. However, the immediate cause of the subprime crisis was the bursting of the US’s housing bubble. The bubble peaked between 2005 and 2006. The crisis was characterized by an increase in subprime mortgage negligence and foreclosure, and the consequent decrease of securities that were guaranteed by the said mortgages.

The mortgages included the mortgage-backed securities (MBS) and the collateralized debt obligations (CDO). The securities offered attractive incentives and rates of return in the beginning; nonetheless, the abnormally low credit factor eventually resulted to substantial defaults (Rao, and Sisodiya, 27). Fundamentally, the crisis is connected to numerous factors; however, the primary ones include the inability of homeowners to submit the mortgage payments due to predatory lending and speculation factors.

Other factors include high level of personal and corporate debts, poor monetary and housing policy, global imbalances and inapt government regulation, which aimed at expanding homeownership. It is imperative to note that, the MBS, CDO and credit default swap caused the disproportionate housing debt. For the case of the home sellers and business people, the increase and sharp fall of

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Macroeconomics Interview Assignment Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Macroeconomics Interview Assignment Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/macro-microeconomics/1631696-macroeconomics-interview-assignment
(Macroeconomics Interview Assignment Essay Example | Topics and Well Written Essays - 1000 Words)
Macroeconomics Interview Assignment Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/macro-microeconomics/1631696-macroeconomics-interview-assignment.
“Macroeconomics Interview Assignment Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/macro-microeconomics/1631696-macroeconomics-interview-assignment.
  • Cited: 0 times

CHECK THESE SAMPLES OF Macroeconomics Interview Assignment

Interviewing Senior Health Center Receptionist

The agency will be responsible to conduct initial telephonic interviews to shortlist appropriate candidates for the final interview which will be conducted by a selection committee appointed by the Corniche Health Centre Board of Governors.... The selection committee will conduct rigorous interview session with the shortlisted candidates.... interview Questionnaire a) General Questions How you heard about the post?...
2 Pages (500 words) Assignment

Macroeconomics and Microeconomics - Interest Rate

Q1) The money market rate is the interest rate that the investor gets as a result of its investments in money market instruments.... The money market is a part of the financial sector of any economy where the investments, or the savings, are done for a time period of one year or less.... hellip; This means that the money market involves all the short term investment instruments....
5 Pages (1250 words) Assignment

Status of Women in Arab Culture

Status of Women in Arab Culture I conducted an interview with Latifah (pseudonym) for fifteen minutes.... Latifah is a student at the university pursuing a degree in Business Administration.... I asked her about her Islamic practice.... hellip; Latifah said that as a Muslim she believes in the morals that are taught in the sharia law because they are characteristics that Allah requires Muslims to abide by....
3 Pages (750 words) Assignment

Interview on The Vietnam War

I chose him in this interview because his children were forced to take part in the warfront during the war.... I chose him in this interview because his children were forced to take part in the warfront during the war.... I also chose Harrison because his children were not available for the interview because they live in distant cities.... interview Questions i.... This was the end of the interview, and as Harrison explained how his family survived the turmoil, I could observe that he had recovered from the emotions of the previous question....
3 Pages (750 words) Assignment

Non-Verbal Communication during Interview

Throughout the interview, she remains calm, laughing at some questions and acting surprised at some.... Relations of the Answer to Admission by Legislators The queries raised in the interview shares what public administration entails.... This can be reflected in the interview when the interviewee answers the question on how goals are achieved.... The government had the responsibility of ensuring that its policies were followed, like in the interview, those that influence the units actions are the congress, state legislature city council and the Board of Regents....
1 Pages (250 words) Assignment

Qualitative Analysis Assignment

As far as grounded theory approach is used in the analysis of qualitative interview, coding becomes the core norm to avail when data scheme is taken into consideration.... Concluding the statement we ascertain that two scripts uses qualitative method as well as employing grapple in the interpretation of interview data availed between Carolin, Trish and Lindsay....
2 Pages (500 words) Assignment

Micro Economic Policy

Microeconomics is a major branch of economics that precisely focuses on the individual sectors of the economy most particularly on producers and consumers (Australia 1998).... Since the year 1980, the federal government of Australia has majorly been focusing of microeconomics.... This… The Australian government reformed to the policy by reducing or removing of trade and competition restriction on international and domestic market (Australia 1998)....
2 Pages (500 words) Assignment

Milk Consumption Marketing

Interviewer: Hello, I am conducting a research in relation to consumption of milk and I would like to interview you by asking a few questions.... The information you give is only for the purpose of research and no personal data will be shared. Ladder… An interview with a single person took place with the market researcher.... The interview process applied the use of a questionnaire to get the information from the respondent....
2 Pages (500 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us