List of Loan Definition E-book

Free Download ebook, International Monetary Fund, International Monetary Fund, Claudia Helene Dziobek, Akihiro Kanaya, Luis Cortavarria-Checkley, Inwon Song.

Loan Review, Provisioning, and Macroeconomic Linkages
by International Monetary Fund, Claudia Helene Dziobek, Akihiro Kanaya, Luis Cortavarria-Checkley, Inwon Song

Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet. It allows for ongoing valuation of loans. Both are core elements of credit risk management and important to prudential oversight. As illustrated in this paper, valuation feeds into indicators of overall bank soundness and key macroprudential indicators. Country practices and recent moves to more forward-looking models are surveyed. Macroeconomic linkages are highlighted, including tax treatment of provisions, variables of the monetary survey, and procyclical aspects of loan valuation systems.

Anglicisms in German
by Alexander Onysko

The book offers a detailed account of English influence on German based on a large scale corpus analysis of the newsmagazine ‘Der Spiegel’. The study is structured into three parts covering fundamental questions and as of yet unsolved and disputed issues in the domain of anglicism research and language contact. Part 1 discusses the terminological uncertainty in the field, puts forward a model of the influence of English on German, and proposes a principled classification of the term anglicism. Part 2 portrays the numerical impact of anglicisms in an extensive corpus and draws general conclusions about the overall quantitative influence of English on German. Part 3 conclusively investigates the integration of anglicisms in German across the various lexical and syntactic paradigms. Particular focus is attributed to the salient morphological features of gender, plural, genitive case, and to verbal and adjectival inflection. Furthermore, word formational processes are substantively analyzed including compounding, derivation, and peripheral types of word formation. A functional classification of written codeswitching concludes part 3, and the book closes with a brief outlook onfuture challenges of anglicism research. In its breadth and detailed manner of analysis, the study sets the current standards of research in the field.

The REPO Handbook
by Moorad Choudhry

The book features an introduction to the structure and mechanics of repo, institutional practices and real-world examples. In addition the content includes necessary supplementary material such as bank asset and liability management, trading techniques, and a range of other applications of value in the global money markets.

Repo markets play a pivotal role in the world’s economy. The Repo Handbook is the definitive, comprehensive guide to this most important element of the global debt capital markets. It describes the use, motivations and mechanics of the repo instrument, and features invaluable coverage of specific country markets and institutions. The reader is taken through classic repo, sell/buy backs and structured repo, as well as additional products such as the total return swap and securities lending. As important is the treatment of related areas, such as money markets, banking asset & liability management and the implied repo rate, vital to a full understanding of repo.

This book is the ultimate guide for bankers, repo traders and salespersons, money market participants, corporate treasurers, debt finance professionals and is organized into three parts:

Part I covers the repo instrument, and examines repo mechanics and use of repo. There is also a look at selected country repo markets around the world.

Part II of the book considers the institutional treatment of repo, with chapters on risk, netting, accounting, and legal issues. There is also a chapter on equity repo.

Part III looks at basis trading and the implied repo rate. This includes results of original research on the gilt bond basis, presented in accessible style.

* A complete guide to repo, including introductions to money markets and bonds
* Contains the author’s personal anecdotes from trading
* Covers every aspect of repo for all participants including legal, tax, accounting and back office

Subprime Mortgage Lending in New York City
by Ebiere Okah

Subprime mortgage lending expanded in New York City between 2004 and mid-2007, and delinquencies on these subprime loans have been rising sharply. The authors describe the main features of this lending and model the performance of these loans. These subprime loans are found to be clustered in neighborhoods where average borrower credit quality is low and, unlike prime mortgage loans, where African-Americans and Hispanics constitute relatively large shares of the population. The authors estimate a model of the likelihood that these loans will become seriously delinquent and find a significant role for credit quality of borrowers, debt-to-income and loan-to-value ratios at the time of loan origination, and estimates of the loss of home equity. Illus.