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完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 胡星陽 | |
dc.contributor.author | Lawrence Lo | en |
dc.contributor.author | 羅健倫 | zh_TW |
dc.date.accessioned | 2021-06-15T03:59:40Z | - |
dc.date.available | 2010-04-02 | |
dc.date.copyright | 2010-04-02 | |
dc.date.issued | 2010 | |
dc.date.submitted | 2010-03-30 | |
dc.identifier.citation | REFERENCES
“Become A Mortgage Broker in California.” Mortgage News Daily. <http://www.mortgagenewsdaily.com/mortgage_license/California.asp>. 20th October, 2009. Clayton Rose, Daniel B. Bergstresser, and David Lane, “The Tip of the Iceberg: JP Morgan Chase and Bear Stearns (A). HBR Case 9-309-001 Jan 22, 2009, pages 2-3. Christie, Les. “Real estate commissions rise.” CNNMoney. 31st October, 2007. < http://money.cnn.com/2007/10/30/real_estate/commissions_rise/index.htm> 15th November, 2009. Davidson, Paul. “Mortgage brokers fall on tough times.” The USA Today. 31st August, 2007. <http://www.usatoday.com/money/economy/housing/2007-08-30-mortgage-brokers_N.htm>. 4th November, 2009. Hodges, Jane. “Real-estate agents keep jumping into field even as U.S. market cools.” The Seattle Times. 21st May, 2006. < http://blog.marketplace.nwsource.com/careercenter/real-estate_agents_keep_jumping_into_field_even_as_us_market_cools.html> 20th, November, 2009. Sheasby, Steven. “How long does it take to get a mortgage license?” California Chronicle. 4th December, 2008. <http://www.californiachronicle.com/articles/view/83891>. 15th October, 2009. Tedeshi, Bob. 'MORTGAGES; Savings Banks Fill the Gap.' The New York Times. 7th October, 2007. <http://query.nytimes.com/gst/fullpage.html?res=9903EFD8173FF934A35753C1A9619C8B63>. 6th November, 2009. | |
dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/44962 | - |
dc.description.abstract | The recent worldwide meltdown can be traced back when Federal Reserve Bank tried to stimulate the economy with cheap monetary policy by lowering their Fed Fund rates back in 2001. From the impact we have seen, we can see how the rise and fall of United States home values can impact the national consumer confidence, the stock market, the Wall Street, and the world economy. During the housing boom, consumers were cashing out from their homes to satisfy their own needs; and banks were more than willing to lend their cash out to make more money without the proper due diligent that exposed them to higher risks.
As soon as banks qualified their potential borrowers according to guidelines set by that of investors, banks were very willing to fund the loan since they do not need to service their own loans. This meant banks do not need to carry subsequent credit risks like it was traditionally. Fresh money will be flooding in immediately once loans were packaged out and sold to the secondary markets. Wall Street big money players then would bundle them as attractive high return bonds to investors worldwide whom are convinced of such “safe” investment since these securities were backed by the United State housing market. In order to hedge their risks on the possibility of these bonds starting to default and lose value, investment bankers then purchased credit-default swaps as safety nets. It is true that some bankers did take advantage of the lesser educated home loan applicants who are looking to fulfill their American dreams of owning homes. Greed and opportunity enabled mortgage bankers to take in applicants that traditionally would not qualify. However, loan applicants should be fully aware of their own financial situation and not to blame others for leaving the money on the table for grabs. The combination of poor due diligence and greed all contributed to one of the biggest financial debacle we faced today. In this thesis, we will be examine the different players in this vicious mortgage cycle and show how chasing after their own agenda help contribute to the current economic meltdown. As a result, the United States economy that used to be where the rest of the world centered their attentions on now has become the greatest scapegoat for the credit crunch everyone is suffering from. | en |
dc.description.provenance | Made available in DSpace on 2021-06-15T03:59:40Z (GMT). No. of bitstreams: 1 ntu-99-R97749007-1.pdf: 5742753 bytes, checksum: 8b7fefbfc6b038c80848e3fefdf211bf (MD5) Previous issue date: 2010 | en |
dc.description.tableofcontents | Chapter 01 Introduction Page 01
Chapter 02 The Beginning of the Bubble Page 02 Chapter 03 The Rate Drop Phenomenon Page 05 Chapter 04 Bankers Open Business to All Consumers Page 09 Chapter 05 Moving Aggressively to Capture More Business Page 13 Chapter 06 Role of Real Estate Professionals Page 16 Chapter 07 Homebuilders Pushing Supplies to New Heights Page 20 Chapter 08 Wall Street - The Hand that Rocks the Cradle Page 24 Chapter 09 The Aftermath Page 26 Chapter 10 Conclusion Page 27 | |
dc.language.iso | en | |
dc.title | 牽一髮動全身:探討貪婪與美國房市 | zh_TW |
dc.title | Insatiable Greed That Caused the Recent Real Estate Bubble | en |
dc.type | Thesis | |
dc.date.schoolyear | 98-2 | |
dc.description.degree | 碩士 | |
dc.contributor.oralexamcommittee | 陳明賢,蘇永成 | |
dc.subject.keyword | 美國房市,金融風暴,次級房貸,貪婪, | zh_TW |
dc.subject.keyword | Housing market,financial crisis,subprime mortgage,greed, | en |
dc.relation.page | 50 | |
dc.rights.note | 有償授權 | |
dc.date.accepted | 2010-03-31 | |
dc.contributor.author-college | 管理學院 | zh_TW |
dc.contributor.author-dept | 企業管理碩士專班 | zh_TW |
顯示於系所單位: | 管理學院企業管理專班(Global MBA) |
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