Latest Posts

  • Home Financing

    Can you foreclose on a second mortgage?

    Importantly, the foreclosure of a second mortgage means that the borrower’s right to redeem the property by paying off all the mortgage debts is extinguished. Under most state laws, the purchaser at the foreclosure sale of a second mortgage can proceed to take possession of the property and evict the…

  • Home Financing

    How do you use the word propensity?

    Propensity sentence example During hot days he had a propensity for walking around in just his boxers. … Men have a slight increased propensity towards baldness. … A propensity for violence is in no doubt. … Natural propensity to war is the motive force in primitive societies only. What is…

  • Financial Reform

    How did the NRA help the economy?

    The NRANRAThe National Recovery Administration (NRA) was a prime agency established by U.S. president Franklin D. Roosevelt (FDR) in 1933. The goal of the administration was to eliminate “cut throat competition” by bringing industry, labor, and government together to create codes of “fair practices” and set prices. How did the…

  • Financial Reform

    What is a socialist and a capitalist?

    Socialism is an economic and political system under which the means of production are publicly owned. Production and consumer prices are controlled by the government to best meet the needs of the people. Capitalism is an economic system under which the means of production are privately owned. What is the…

  • Financial Regulation

    What is a Sox system?

    The passing of the Sarbanes-Oxley Act (SOX) in 2002 established rules to protect the public from fraudulent or predatory practices by corporations and other business entities. The act increased transparency in financial reporting by corporations, and established a system of internal corporate checks and balances. What are the 4 SOX…

  • Financial Regulation

    What is an example of NPI?

    NPI may include names, addresses, phone numbers, social security numbers, bank and credit card account numbers, credit or debit card purchases, court records from a consumer report, or any other consumer financial information that: a consumer provides to a financial institution. What are examples of non-public personal information? For example,…

  • Uncategorized

    What is the process of recycling paper?

    Paper is collected from different garbage bins and is accumulated in a large garbage container. Then the paper is taken to the recycling plant where the paper is segregated into different grades. Papers in different grades are then washed with soap and water to remove ink, staples, and glue. What…

  • Uncategorized

    How do you make reusable vegetable bags?

    What fabric is best for produce bags? The muslin fabric helps keep produce crisp and fresh. Once home from the market, spray any leafy greens, drip off any excess water, and put them into a muslin bag while damp. The fabric absorbs this water and contains moisture (similar to wet…

  • Executive Leadership And Management

    How do situational variables influence the choice of leadership style?

    What situational factors influence leadership? Fiedler’sContingency Theory concentrates on three situational factors (task structure, quality of leader-member relations, power inherent in the leader’s position) that affect the leader’s ability to influence followers depending on whether the leader prefers a task-oriented or a people-oriented leadership style. What situational variables influence leader…

  • Bankruptcy

    What is a good Z score for a company?

    In general, a Z-score below 1.8 suggests a company might be headed for bankruptcy, while a score closer to 3 suggests a company is in solid financial positioning. What is a good Z-score value? According to the Percentile to Z-Score Calculator, the z-score that corresponds to the 90th percentile is…

  • Bankruptcy

    What happens if I get a Judgement against me?

    If a judgment is entered against you, a debt collector will have stronger tools, like garnishment, to collect the debt. The CFPB’s Debt Collection Rule clarifying certain provisions of the Fair Debt Collection Practices Act (FDCPA) became effective on November 30, 2021. How do you get around a Judgement? There…