商业银行管理全套配套课件英文PPT教师手册习题习题答案 Chap018.ppt

《商业银行管理全套配套课件英文PPT教师手册习题习题答案 Chap018.ppt》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、ChapterEighteenConsumerLoans,CreditCards,andRealEstateLendingKeyTopicsTypesofLoansforIndividualsandFamiliesUniqueCharacteristicsofConsumerLoansDodd-Frank,theConsumerProtectionBureau,andCARDEvaluatingaConsumerLoanRequestCreditCardsandCreditScoringDisclosureRulesandDiscriminationConsumer

2、LoanPricingandRefinancingIntroductionConsumerdebthasbecomeoneofthefastestgrowingformsofborrowingmoneyNearly$14trillioninvolume(includingbothmortgageandnonmortgageconsumerdebt)intheU.S.Themoderndominanceofbanksinlendingtohouseholdsstemsfromtheirgrowingrelianceonindividualsandfamiliesfor

3、theirchiefsourceoffunds–checkableandsavingsdepositsConsumercreditisoftenamongthemostprofitableservicesalendercanofferHowever,servicesdirectedatconsumerscanalsobeamongthemostcostlyandriskyfinancialproductsTypesofLoansGrantedtoIndividualsandFamiliesConsumerloansareclassifiedbyPurpose–wha

4、ttheborrowedfundswillbeusedforType–whethertheborrowermustrepayininstallmentsorrepayinonelumpsumResidentialLoansCredittofinancethepurchaseofahomeorfundimprovementsonaprivateresidenceUsuallyalong-termloan,typicallybearingatermof15to30yearsSecuredbythepropertyitselfMaycarryeitherafixedint

5、erestrateoravariable(floating)interestrateBanksaretheleadingresidentialmortgagelenderstodayTypesofLoansGrantedtoIndividualsandFamilies(continued)NonresidentialLoansInstallmentLoansShort-termtomedium-termloans,repayableintwoormoreconsecutivepayments(usuallymonthlyorquarterly)Usedtobuybi

6、g-ticketitems(e.g.,automobiles,furniture,andhomeappliances)ortoconsolidateexistinghouseholddebtsNoninstallmentLoansShort-termloansindividualsandfamiliesdrawuponforimmediatecashneedsthatarerepayableinalumpsumMaybeforrelativelysmallamountsandincludechargeaccountsthatoftenrequirepaymentin

7、30daysorlessMayalsobemadeforashortperiod(usuallysixmonthsorless)towealthierindividualsandcanbequitelargeTypesofLoansGrantedtoIndividualsandFamilies(continued)CreditCardLoansandRevolvingCreditOneofthemostpopularformsofconsumercredittodayisaccessedviacreditcardsCreditcardsoffertheirhol