Moyses Levy

 Types of mortgage advice   So what are the different types of mortgage advice and where would you expect to find them?   Non-advice   This type of mortgage broker offers the least consumer protection, they will simply ask a set of questions to narrow the customers requirements and thus filtering the number of mortgages available. They then present the customer with a small list of possible mortgages for the consumer to choose one appropriate. The consumer protection here is based on the script of questions the broker asks. The script is a process determined prior to the consumer appointment, and is impersonal. Therefore specific personal circumstances are unlikely to be assessed. It also assumes that the customers answers are factually correct and the final choice is made solely by the consumer. Although no advice is offered these brokers do handle the arranging of the mortgage on the consumers behalf, and therefore dealing with all the chasing and remov...

 When a person purchases a property in Canada they will most often take out a mortgage. This means that a purchaser will borrow money, a mortgage loan, and use the property as collateral. The purchaser will contact a Mortgage Broker or Agent who is employed by a Mortgage Brokerage. A Mortgage Broker or Agent will find a lender willing to lend the mortgage loan to the purchaser.   The lender of the mortgage loan is often an institution such as a bank, credit union, trust company, caisse populaire, finance company, insurance company or pension fund. Private individuals occasionally lend money to borrowers for mortgages. The lender of a mortgage will receive monthly interest payments and will keep a lien on the property as security that the loan will be repaid. The borrower will receive the mortgage loan and use the money to purchase the property and receive ownership rights to the property. When the mortgage is paid in full, the lien is removed. If the borrower fails to repa...

 If math was your strong suit in high school and college, you might consider giving a career as a financial engineer a try. Leading brokerage houses such as Merrill Lynch are increasingly interested in hiring financial engineers to help guide their businesses. In fact, Merrill Lynch provided a grant to MIT to launch a financial engineering program.   Nowadays, a certificate in financial engineering is considered to be an express route to Wall Street and to the job security and financial rewards that it represents. Mathematical modeling is a hot property in the investment industry--and financial engineers can provide it.   An advanced degree is absolutely critical to obtaining a position as a financial engineer. Preferably, you should have a graduate degree from a highly reputable institution known for its advanced math and financial management programs. While there is some glamour associated with the term financial engineer, the work of such an engineer basically ...

 Financial engineering is a discipline that uses knowledge from multiple fields, including computer science, economics, applied mathematics and statistics, and applies them to innovative solutions to financial problems as well as the creation of new finance products. Also known as computational engineering, finance engineering is used in a variety of organization, including investment banks and insurance agencies. One example of the application of financial engineering to a current problem is financial reinsurance products, which allow an insurance provider to write big policies without shouldering too much risk by sharing it with another company in exchange for a portion of the premiums. Another example is bundling several products together into one package that is offered to consumers at a special low price. Some of the fields in which financial engineering is applied include:   Corporate finance. This is a blanket term that refers to the way the finances of a corporation ar...

 When you talk about investment and investment banking, the first thing that would come to your mind is business management and finance. An investment is something that you place in a bank or venture in the hopes of either saving the money or letting it grow. It is usually for the latter reason that individuals and organizations transact investments. To understand investment banking, first, we have to understand its roots. The term "invest" comes from the term "vestis," which is Latin for "garment" and was used to denote the act of putting resources into another one's pockets. Like the Latin term, the investor puts the assets into another entity's pocket; the latter is where the investment banks come in. Basically, investment banking involves the client purchasing assets from the investment bank. The client expects that the purchased asset capital will gain dividends and grow. In effect, the investor did not work on anything other than making the i...

  In today’s highly competitive business world, with thousands of people applying for the same job with similar qualifications, having an edge makes life easier. This is where a degree in Business Management from a reputed college could make or break the opportunity to land the job. Currently, it is one of the most important criteria for making progress in a chosen field. Important Subject One of the most important qualifications for many graduates is the Certificate in Financial Engineering & Risk Management or CFERM, ranked as one of the top five finance programs available for students, looking for a career in the treasury and securities markets. This discipline makes use of information from multiple fields which could include economics, computer science, statistics, applied mathematics and other branches, which is then applied to find creative and original solutions to problems relating to finance. There have been cases where some of these subjects comes in use to create new...