What is the maximum amount of total losses to the lender, Finance Basics

+44 141 628 6080
[email protected]

What is the maximum amount of total losses to the lender

Problem

Lilian bought a house that costs $7110. Liliana got an 89% LTV loan to buy it. The lender demanded that Liliana buy private mortgage insurance to insure the portion of the loan over 80% LTV. What is the maximum amount of total losses to the lender that the private insurance coverage will cover in case she defaults? State your answer as a number rounded to two decimal points.

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: What is the maximum amount of total losses to the lender

Reference No:- TGS03357702

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : How large must the annual payments

How large must the annual payments at t = 5, 6, and 7 be to cover Jasmine's anticipated college costs?

Q : What are the financial implications of having to invest

In streaming original programming is a key differentiator amongst the various market. What are financial implications of having to invest in content to compete?

Q : What is one of the ideas i floated regarding hedging

Since we are in an inflationary time (8.5%), the highest it's been in the US since 1981. What is one of the ideas I floated regarding hedging against inflation?

Q : Examine the sensitivity of present worth to variation

Examine the sensitivity of present worth to variation in individual parameters estimates, while others remain constant.

Q : What is the maximum amount of total losses to the lender

What is the maximum amount of total losses to the lender that the private insurance coverage will cover in case she defaults?

Q : Describe the key features of these insurance coverages

Describe the key features of these insurance coverages. Are there any limitations on these coverages? Explain.

Q : Understanding of the constitutional guarantee

Problem: Explain your understanding of the Constitutional guarantee of Freedom of Speech.

Q : Why the australian competition and consumers act apply

Problem: Explain how and why the Australian Competition and Consumers Act 2010 apply to your work as a conveyancer.

Q : What is the total system cost

Based on the average number of complaints in the system, what is the total system cost (per hour (to the nearest $/hour)?

1936006

Questions
Asked

3,689

Active Tutors

1432743

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Describe two research studies that used theory as foundation

Describe two research studies that used your theory as a foundation. Describe how each study used the theory.

Problem about groups receiving optimal health opportunities

To me, health disparities are differences groups of people have in access to healthcare due to things such as race and socioeconomic status.

Problem regarding clinical issues in nursing practice

What indicates these as clinical issues in nursing practice? Support your discussion with two peer-reviewed journal articles.

How effective are resources for vulnerable populations

How effective are the resources in your community for the vulnerable populations we have discussed over the past 2 weeks?

Developing a deeper understanding of each religions theology

identifying major themes and different teachings of the religions of Christianity, Judaism, Islam, Hinduism, and Buddhism.

What degree programs are you considering

List your top 2-3 career choices (or more if you have more) for psychology careers - you may reference your textbook

Describe mental health symptoms/relationship dynamics

Describe mental health symptoms/relationship dynamics common in your population-of-interest.