Bài giảng môn Quản trị kinh doanh - Chapter 20: Business law with ucc applications,13e

Business Law with UCC Applications,13eMortgages and SecurityInterestsChapter 20McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.Learning ObjectivesDifferentiate between a secured and an unsecured loan.Identify the types of mortgages that are available to borrowers.Explain the legal effect of recording a mortgage.Describe the rights and duties of the mortgagor and those of the mortgagee.Differentiate among Fannie Mae, Ginnie Mae, and Freddie Mac.Learning Objectives (cont.)Define securitization and connect it to the financial crisis.Explain the nature of a liar loan and a NINJA loan.Describe how a security interest is created for personal property.Decide whether security interests are perfected.Determine priorities when parties claim a security interest in the same property.Mortgages and SecurityInterestsReal Property as SecurityMortgage Costs Types of Mortgages Recording the Mortgage Rights and Duties of the Mortgagor Rights and Duties of the Mortgagee Purchase by Mortgage TakeoverMortgages and SecurityInterestsTypes of MortgagesConventional Fixed-Rate MortgageVariable-Rate MortgageInterest-Only MortgagesGraduated-Payment MortgageBalloon-Payment MortgageReverse MortgageMortgages and SecurityInterestsTypes of MortgagesParticipation LoansConstruction LoansDeeds of TrustSubprime MortgagesJunior MortgagesHome Equity LoansMortgages and SecurityInterestsThe 21st Century Financial CrisisThe Causes of the Crisis The Effects of the CrisisMortgages and SecurityInterestsThe Causes of the CrisisFannie Mae, Ginnie Mae, and Freddie MacSecuritization and Mortgage Backed SecuritiesSecuritization and Asset-Backed SecuritiesSubprime Loans (Revisited)Liar Loans and NINJA LoansMortgages and SecurityInterestsThe Effects of the CrisisThe Fannie and Freddie TakeoverTroubled Asset Reform Program (TARP)Home Affordable Modification ProgramDodd-Frank Wall Street Reform and Consumer Protection ActMortgages and SecurityInterestsPersonal Property as SecuritySecurity Agreement Attachment of a Security InterestPerfection of a Security Interest Priorities and Claims Default of the Debtor Plan ConfirmationMortgages and SecurityInterestsPerfection of a Security InterestPerfection by FilingPerfection by Attachment AlonePerfection by Possession