Economics / Investments & Securities Praise for Reverse Engineering Deals on Wall Street with Microsoft Excel 'Allman has written an excellent sequel to his first book Modeling Structured Finance Cash Flows with Microsoft Excel, providing a simple guide on how to deconstruct cash flows through modeling and understanding the collateral by analyzing the prospectus. Whether you are new to the structured finance industry or steeped in structured financing-this book is a must-read.' -Ralph Armenta, PMI Mortgage Insurance/Structured Transactions 'The credit crisis has shown that more financial institutions and analysts need to be able to reverse-engineer structured finance deals to assess their values and risks for themselves. Keith Allman has produced a thorough guide for creating reverse-engineered models that both beginners and experienced analysts will find invaluable.' -Chandan Sengupta, author of Financial Modeling Using Excel and VBA A serious source of information for those looking to reverse-engineer business deals How does Wall Street keep track of the competition? They reverse-engineer deals by taking a prospectus or term sheet and recreating a model from it. The skills involved in this task are sophisticated, but are important to understand-especially in today's dynamic business environment. In this practical resource, financial professional Keith Allman demystifies the process by interpreting complicated legal terminology and clearly showing how it can be organized into a dynamic model. Step by step, Allman walks you through this endeavor with textual excerpts from the prospectus and details how it directly transfers to a model. Each chapter begins with a discussion of concepts with exact references to an example prospectus, followed by a section called 'Model Builder,' in which Allman translates the theory into a fully functioning model for the example deal. In addition, the companion CD-ROM features all of the modeling exercises, as well as a final version of the model that is outlined in the text.
Hugh Hefner was an American publisher. He was best known as the editor-in-chief of Playboy magazine, which he founded in 1953, and as chief creative officer of Playboy Enterprises, the publishing group that operates the magazine. An advocate of sexual liberation and freedom of expression, Hefner was a political activist and philanthropist in several other causes and public issues. In January 1952, Hefner left his job as a copywriter for Esquire after he was denied a five dollar raise. In 1953, he took out a mortgage, generating a bank loan of $600, and raised $8,000 from 45 investors, including $1,000 from his mother ("Not because she believed in the venture," he told E! in 2006, "but because she believed in her son."), to launch Playboy, which was initially going to be called Stag Party. The first issue, published in December 1953, featured Marilyn Monroe from her 1949 nude calendar shoot and sold over 50,000 copies. (Hefner, who never met Monroe, bought the crypt next to hers at the Westwood Village Memorial Park Cemetery in 1992 for $75,000.) After the Charles Beaumont science fiction short story "The Crooked Man" was rejected by Esquire magazine in 1955, Hefner agreed to publish the story in Playboy. The story highlighted straight men being persecuted in a world where homosexuality was the norm. After the magazine received angry letters, Hefner wrote a response to criticism where he said, "If it was wrong to persecute heterosexuals in a homosexual society then the reverse was wrong, too." In 1961, Hefner watched Dick Gregory perform at the Herman Roberts Show Bar in Chicago. Based on that performance, Hefner hired Gregory to work at the Chicago Playboy Club; Gregory attributed the subsequent launch of his career to that night. In June 1963, Hefner was arrested for promoting obscene literature after an issue of Playboy that featured nude shots of Jayne Mansfield was published. The case wen 1. Language: English. Narrator: Ed Placencia. Audio sample: http://samples.audible.de/bk/acx0/101439/bk_acx0_101439_sample.mp3. Digital audiobook in aax.
Diplomarbeit aus dem Jahr 2006 im Fachbereich BWL - Bank, Börse, Versicherung, Note: 1,3, Universität des Saarlandes, 424 Quellen im Literaturverzeichnis, Sprache: Deutsch, Abstract: Das Buch beschäftigt sich mit den verschiedenen Möglichkeiten der finanziellen Altersvorsorge. Neben einer ausführlichen Darstellung der gesetzlichen Altersvorsorge (und deren Entwicklung) wird konkret auf die weiteren finanziellen Möglichkeiten eingegangen. Als umfassende Ergänzung enthält das Werk eine ausführliche Ergänzung, eine Leibrente aus einer Immobilie zu erhalten, rechtliche Grundlagen dazu sowie ein Vergleich mit dem 'reverse mortgage' - Modellen der USA und Englands. Ebenso wird eine Umsetzung dieser in Deutschland diskutiert.Kapitel 2 dieser Untersuchung beschäftigt sich mit der gesetzlichen Rentenversicherung. An dieser Stelle steht allein die Altersrente im Fokus. Nach einem einleitenden geschichtlichen Überblick vergangener Reformen seit 1991 und einer grundlegenden Darstellung der Finanzierung der gesetzlichen Rentenversicherung werden im Anschluss die wichtigsten demografischen Probleme dargestellt und ihre Auswirkungen analysiert.Kapitel 3 analysiert die Änderungen der letzten durchgeführten Reform der Altersversorgung durch das Alterseinkünftegesetz im Jahre 2004. Die Ausführungen beschränken sich dabei auf die grundlegenden Eigenschaften der neuen Altersvorsorgemöglichkeiten. Neben einer Darstellung der Entwicklung von der 3-Säulen-Theorie zu der 3-Schichten-Theorie werden die wichtigsten Bausteine der 3-Schichten-Theorie der finanziellen Altersvorsorge beschrieben und bewertet(Stichwort 'Riester', 'Rürup' und die 'betriebliche Altersvorsorge'. Im Mittelpunkt dieser kritischen Analyse steht eine genaue Untersuchung von zwei Möglichkeiten, aus der Immobilie im Alter eine Rente zu beziehen. Kapitel 4 bis 7 beschäftigen sich daher mit der Leibrente aus Immobilien und dem amerikanischen Reverse Mortgage. Nach einer Eingliederung der Immobilie in das System der Altersvorsorge und einer kritischen Analyse von Vor- und Nachteilen der Immobilie in Kapitel 4, werden in Kapitel 5 und 6 die beiden Modelle Leibrente und Reverse Mortgage kritisch betrachtet. Im Mittelpunkt steht dabei die Aufgabe, möglichst alle wesentlichen Aspekte von Leibrente und Reverse Mortgage darzustellen und kritisch zu hinterfragen. In Kapitel 7 werden abschliessend die wesentlichen Unterschiede von Leibrente und Reverse Mortgage dargestellt. Abschliessend erfolgt in Kapitel 8 eine kurze Zusammenfassung der Ergebnisse
Erscheinungsdatum: 11/2011, Medium: Taschenbuch, Einband: Kartoniert / Broschiert, Titel: Reverse Mortgage - Eye opener for Indian Financial Market, Titelzusatz: Reverse Mortgage as option for Retirement Planning, Autor: Acharya, Sumit // Bantwa, Ashok, Verlag: LAP Lambert Academic Publishing, Sprache: Englisch, Rubrik: Wirtschaft // Management, Seiten: 164, Informationen: Paperback, Gewicht: 261 gr, Verkäufer: averdo
Mortgage ab 26.49 € als Taschenbuch: Real estate appraisal Mortgage loan Continuous-repayment mortgage Variable-rate mortgage Foreclosure Collateralized mortgage obligation Mortgage law Mortgage broker Commercial mortgage Reverse mortgage Mortgage fraud. Aus dem Bereich: Bücher, Taschenbücher, Wirtschaft & Soziales,
Home Reversion und Reverse Mortgage: Ein Beitrag zur Erklärung der Nachfrage nach Immobilienverzehrprodukten in Deutschland ab 21.7 EURO
Erscheinungsdatum: 07/2006, Medium: Taschenbuch, Einband: Kartoniert / Broschiert, Titel: The Reverse Mortgage Advantage: The Tax-Free, House Rich Way to Retire Wealthy!, Autor: Boroson, Warren, Verlag: MCGRAW HILL BOOK CO, Sprache: Englisch, Schlagworte: Consumer Finance // BUSINESS & ECONOMICS // Personal Finance // Retirement Planning // Real Estate // Mortgages // Persönliche Finanzen, Rubrik: Wirtschaft // Wirtschaftsratgeber, Seiten: 225, Gewicht: 336 gr, Verkäufer: averdo
With How to Make Your Money Last, you will learn how to turn your retirement savings into a steady paycheck that will last for life. Today people worry that they're going to run out of money in their older age. That won't happen if you use a few tricks for squeezing higher payments from your assets - from your Social Security account (find the hidden values there), pension (monthly income or lump sum?), home equity (sell and invest the proceeds or take a reverse mortgage?), savings (should you buy a lifetime annuity?), and retirement accounts (how to invest and - critically - how much to withdraw from your savings each year). The right moves will not only raise the amount you have to spend; they'll stretch out your money over many more years. You will also learn to look at your savings and investments in a new way. If you stick with super-safe choices, the money might not last. You need safe money to help pay the bills in your early retirement years. But to ensure that you'll still have spending money 10 and 20 years from now, you have to invest for growth today. Quinn shows you how. At a time when people are living longer yet retiring with smaller pots of savings than they'd hoped for, this book will become the essential guide. 1. Language: English. Narrator: Amanda Carlin. Audio sample: http://samples.audible.de/bk/sans/007312/bk_sans_007312_sample.mp3. Digital audiobook in aax.
For people over the age of sixty, New York City is a cluttered attic -- a mess of valuables that cannot be ignored, but that for the most part remains buried in jargon, agencies, regulations, and eligibility forms. New York City is, after all, a place that offers seniors everything from discount tickets for Broadway shows to social service agencies for those who speak foreign languages including Spanish, Cantonese or Tagalog. It is a place of endless benefits for those who can dig through the junk in the attic, organize what is there and still have the desire to leave the house. Take Charge! The Complete Guide to Senior Living in New York City is the first book to gather, in a single volume, information and advice for people over sixty who want to make the most of the city. Here at last is an all-inclusive guide that addresses every concern for senior New Yorkers, from entertainment and healthcare to housing and taxes. Take Charge! reaches beyond merely listing phone numbers and programs to giving advice on a number of areas, from choosing an HMO, a reverse mortgage, or an elder law attorney, to receiving travel discounts and negotiating home care. Containing everything a person over sixty needs to know to make the most of life in New York City, Take Charge! is the only comprehensive guide available for New York seniors and their families.
Recent estimates have shown that there are more than 100,000 active reverse mortgages in the United States, and that number is on the rise. Reverse mortgages allow people over the age of 62 to release the equity in their property and defer payments until the homeowner dies. As these mortgages become more and more popular, it is becoming increasingly important for senior citizens to understand the process and the features of this unique loan. The Reverse Mortgage Book does just that, explaining everything you need to know in easy to understand terms. In this new book, you will learn about the details of new legislation, payment plan options, tools that will help you calculate loan advances, financing fees, what to do with leftover equity, borrower qualifications, common mistakes people make, resources for securing reverse mortgages, and planning strategies. You will also learn about the types of reverse mortgages, including the Home Equity Conversion Mortgage, the Financial Freedom Cash Account, and the CHIP Reverse Mortgage for Seniors, and the different ways to receive. payments, such as tenure, term, line of credit, modified tenure, and modified terms. In addition, you will learn about the steps involved in a reverse mortgage, from the application to processing, from underwriting to closing. This book also goes into detail about how to convert equity into tax-free income, how to determine how much money you can get, how to determine if your home qualifies, how to shop for the best products, how to find a counselor, how reverse mortgages differ from other loans, and how to minimize setup fees. This book will provide you with the answers to commonly asked questions, such as, Is it possible for me to lose my home? What effect does my age have? What effect will my needs for long-term care have? By reading this book, you will completely understand everything there is to know about reverse mortgages, enabling you to make wise decisions and maintain your financial independence. Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president's garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed. This Atlantic Publishing eBook was professionally written, edited, fact checked, proofed and designed. The print version of this book is 288 pages and you receive exactly the same content. Over the years our books have won dozens of book awards for content, cover design and interior design including the prestigious Benjamin Franklin award for excellence in publishing. We are proud of the high quality of our books and hope you will enjoy this eBook version.
Surviving the New Tax Landscape with Smart Savings, Investment & Estate Planning Strategies will prove to be indispensable because it directly addresses the new Tax Landscape that we have all been dealt. These are difficult times for all Americans and this special report will spell out for you in plain-English what changes you should make now to protect what's yours. Keep your money growing through this crisis, the next crisis...and the one after that. Year after year we face new crisis: the Dot-com market crash, real estate bubble and sub-prime mortgage crisis, financial meltdown, European debt crisis, increasing damage from natural disasters, a structural funding crunch in the federal government and so on. What's next? For one thing, it looks like taxes will increase, in part to subsidize promised entitlements as well as reverse a trend toward unsustainable outlays and debt. Increasing complexity is on the way as well. The tax code grows more and more complex every year - now compounded with the new healthcare law. Finally, you can expect ongoing market volatility with so much uncertainty persisting around the world and at home, along with the potential of lower yields in some seemingly safe investments. That's where this book comes in. Surviving the New Tax Landscape is designed with these questions in mind to help you decide how to avoid pitfalls and come out ahead. Design your portfolio for both downside protection and upside potential. Here's what you'll discover in this book: * The real facts of the 'fiscal cliff' tax law * Why your kids and your parents are your best tax shelter * What to do if you have a TSP Roth conversion option * How to lock in tax-free income from your retirement plan * How to keep the IRS from challenging your old tax returns * What you must do to deduct an in-home swimming pool * Secrets of increasing college financial aid for your kids * Solutions to the five kinds of investment risk * How to buy stocks without paying a broker * Turbo-charged margin investing without margin calls * Where to find double-digit cash flow in low-yield times * Hedge funds without high minimums or steep fees
Erscheinungsdatum: 12.03.2009, Medium: Taschenbuch, Einband: Kartoniert / Broschiert, Titel: Kalkulation von Lifetime bzw. Reverse Mortgages, Titelzusatz: Eine kritische Analyse am Beispiel des US-amerikanischen Home Equity Conversion Mortgage (HECM)-Modells, Auflage: 2009, Autor: Schneider, Mike, Verlag: Gabler Verlag // Betriebswirtschaftlicher Verlag Dr. Th. Gabler, Sprache: Deutsch, Schlagworte: Fonds // Immobilienfonds // USA // Wirtschaft // Technik // Verkehr, Rubrik: Wirtschaft // Einzelne Wirtschaftszweige, Seiten: 508, Informationen: Paperback, Gewicht: 994 gr, Verkäufer: averdo