Die Arbeit untersucht die wirtschaftlichen und rechtlichen Grundlagen des Immobilienverzehrkreditvertrages gem. 491 Abs. 3 S. 4 BGB unter Einbeziehung der US-amerikanischen Reverse Mortgage. Der Autor zeigt auf, dass der Vertrag als Darlehensvertrag mit grundsätzlich lebenslanger Bindung einzuordnen ist, bei dem die Haftung des Darlehensnehmers auf dessen Wohnimmobilie beschränkt ist. Er ordnet den Vertrag unter Auslegung des Tatbestandes in die Systematik des BGB ein und arbeitet dessen dogmatische Grundlagen heraus. Nach einer Darstellung der Risikostruktur und einer Auseinandersetzung mit möglichen Wirksamkeitshindernissen, widmet sich der Autor ausführlich der dogmatischen Konstruktion der Haftungsbeschränkung, der Wirksamkeit vertraglich vereinbarter außerordentlicher Kündigungsgründe (sog. »default events«) und dem Prozedere nach Fälligkeit. Abschließend zeigt er die Schwächen des Verbraucherschutzsystems de lege lata auf und entwirft einen Regelungsvorschlag de lege ferenda.
An institutional investor's guide to the burgeoning field of reverse mortgage securitization Reverse Mortgages and Linked Securities is a contributed title comprising many of the leading minds in the Home Equity Conversion Mortgages (HECM) industry, including reverse mortgage lenders, institutional investors, underwriters, attorneys, and regulators. This book begins with a brief history of reverse mortgages, and quickly moves on to discuss how the industry has evolved-detailing the players in these markets as well as the process. It discusses the securitization of reverse mortgages and other linked securities and includes coverage of pricing techniques and risk mitigation. This reliable resource also takes the time to cover the current regulatory environment of the HECM market, which is constantly changing due to the current state of the real estate market. * Highlights specific strategies that will allow institutional investors to benefit from the resurgence of reverse mortgages and linked securities * One of the only guides to reverse mortgages and linked securities targeted towards institutional investors interested in securitized products If you want to make the most of reverse mortgages and linked securities, take the time to read this book.
Find out essential mortgage terms you should know.One of the most important decisions that you can make is buying a home and taking out a mortgage to pay for the house. The decisions you make on your mortgage will have financial ramifications for years to come. If you find yourself overwhelmed and confused by all the mortgage terms out there, don’t worry because you’re not alone. Getting a mortgage can be a complicated process, made worse by all the unfamiliar terminology your mortgage lender might use. From lender to loan to closing your home...With the terminology used in discussing mortgages such as appraisals, equity, escrow, points, and settlement costs, most common people can become easily confused. Mortgage professionals can speak in a language all of their own and the lingo used is unique.This practical mortgage guide covers topics like:Mortgage lending and brokersSubprime, reverse, and FHA mortgageCommercial and residential mortgageEscrow, points, and settlement costsHome equity and loan modificationThis practical glossary in alphabetical order compiles a list of over 125 most important mortgage terms you’re likely to encounter. Every mortgage term is explained in detail, with clear and concise article-style description and practical examples.It will help you understand most common mortgage terms that you might encounter, and what role they play in the mortgage process. Use this glossary of mortgage terms to better understand the overall mortgage process as well as any specific mortgage terms that may be unfamiliar to you.PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio. 1. Language: English. Narrator: William Bahl. Audio sample: http://samples.audible.de/bk/acx0/171145/bk_acx0_171145_sample.mp3. Digital audiobook in aax.
Featuring contributions from industry and academia, this volume includes chapters covering a diverse range of theoretical and empirical aspects of actuarial science and quantitative finance, including portfolio management, derivative valuation, risk theory and the economics of insurance. Developed from the First International Congress on Actuarial Science and Quantitative Finance, held at the Universidad Nacional de Colombia in Bogotá in June 2014, this volume highlights different approaches to issues arising from industries in the Andean and Carribean regions. Contributions address topics such as Reverse mortgage schemes and urban dynamics, modeling spot price dynamics in the electricity market, and optimizing calibration and pricing with SABR models.
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: 13.06.2014, Medium: Taschenbuch, Einband: Kartoniert / Broschiert, Titel: Il reverse mortgage può davvero ridurre la povertà tra gli anziani?, Titelzusatz: Un'analisi empirica sulle condizioni economiche degli 'house rich-cash poor', Autor: Colomba, Eleonora, Verlag: Edizioni Accademiche Italiane, Sprache: Italienisch, Rubrik: Wirtschaft // Wirtschaftsratgeber, Seiten: 128, Informationen: Paperback, Gewicht: 207 gr, Verkäufer: averdo
What retirement income experts can teach you about your largest asset. Longevity potentiates volatility or, in other words, the longer you live, the greater probability something bad will happen. Since we do not know how long we will live, we must be prepared for the long game. Deploying the home asset strategically and early in retirement converts an illiquid, indivisible asset into a shock absorber for the future. The fully updated and expanded second edition to What's The Deal With Reverse Mortgages? explains in simple language how to safely and effectively include the home in retirement planning. Shelley Giordano shares: A clear roadmap to use the HECM (Home Equity Conversion Mortgage) to solve financial challenges 4 vital pieces of information (the 4 Nevers ©) that demolish the negative lore that attends reverse mortgages How reverse mortgages have changed, and why retirement experts recommend a new approach to them A thorough review of evolving reverse mortgage safeguards over the years and how retirement income experts recommend them If you are a financial professional working with retirees, you will want to share this book with your clients. If you are a retiree overseeing your own retirement spending, you will want do the same with whomever it is giving you retirement advice.
Erscheinungsdatum: 16.08.2013, Medium: Taschenbuch, Einband: Kartoniert / Broschiert, Titel: Reverse Mortgage, Titelzusatz: Chancen und Einführungshemmnisse für Kreditinstitute in Deutschland, Autor: Dietrich, Michael, Verlag: Josef Eul Verlag GmbH // Josef Eul Verlag, Sprache: Deutsch, Rubrik: Betriebswirtschaft, Seiten: 88, Informationen: Paperback, Gewicht: 144 gr, Verkäufer: averdo
Home Reversion und Reverse Mortgage: Ein Beitrag zur Erklärung der Nachfrage nach Immobilienverzehrprodukten in Deutschland ab 21.7 € als pdf eBook: . Aus dem Bereich: eBooks, Belletristik, Erzählungen,
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.
Now that the Republicans have taken the House, How can they use their majority to reverse Obama's socialist agenda? Revolt! lays out a game plan for success. Dick Morris and Eileen McGann explain how to use the debt limit and budget fights to force Obama to accept Republican policies while, at the same time, undermining his chances of victory in 2012. Obamacare? Morris and McGann explain how to block the IRS enforcement of the requirement that everyone buy health insurance and how to stop the Medicare cuts and rationing. Crippling Talk Radio and Taking Over the Internet? They explain how to prevent the FCC from blocking free speech in America. Cap and Trade? They offer a blueprint for how to cut off EPA funding to stop it from imposing carbon taxes and regulation. Unless we read their plan and act to implement it, Obama will raise taxes, end the mortgage interest and charitable deduction, raise Social Security taxes, and add trillions more to the federal deficit in the process. Conservatives need to fight back and Morris and McGann explain how to do it. Revolt! is their most important book yet. The GOP won the elections of 2010. Revolt! explains how to translate this avalanche of votes into power and action in Washington. Their plea: Don't surrender. Don't compromise. Don't give in. Just push ahead and win! 1. Language: English. Narrator: Pete Larkin. Audio sample: http://samples.audible.de/bk/harp/002426/bk_harp_002426_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.