An Informational Interview with a Financing Company

The Credit Mobilier was when a bunch of railroad builders formed a construction company and hired themselves at super inflated prices.

To be able to find the best candidate for the interview I had to look everywhere and had to ask everyone for an interview, but after getting turned down from a couple agents turns out that my friends real estate agent is one of the best and well know respected person at what he does, his name is Ludyn Tijerino. Mr. Tijerino works for an agency called Approved 4 keys. I was able to get in contact with this person through a favor done from my friend. My overall assessment of this interview is that it turns out that in the real estate business there is more to it than what I had imagine. Many of the questions that I had asked seemed to be answered by the time I got there for interview. Mr. Tijerino Seems to be a real great person at what he

At the company’s inception, Countrywide Financial Corporation’s founders had a broad vision for the mortgage company (Eastburn, R., 2010). Even though Countrywide Financial Corporation started out as a small operation, within a few years, it began to flourish (Eastburn, R., 2010). The founders had a plan to expand Countrywide past the competition. Not only would Countrywide operate local offices, similarly as other mortgage lenders, but also Countrywide would expand to cover the nation (Eastburn, R., 2010).

For my informational interview I interviewed Hasty Elementary School Counselor Candace Thurman. Mrs. Thurman earned her B.A. in Psychology from Salem College and a MA Ed.S in Mental Health Counseling from Gardner Webb University. She is a Licensed Professional Counselor and a Licensed School Counselor. Her maternal grandfather suffered from mental illness and was homeless. Seeing the impact his condition had on him as well as her family compelled her to choose a career in mental health. Mrs. Thurman worked in the middle school setting for 11 years. This year is her first year in an elementary school.

Many young students want to pursue a career in accounting but are still wondering whether the possibility of matching this job or not. In general, the accounting industry is considered the industry that many students including myself choose and study. Graduate, students easily find a job and have a steady income. Not only easy to find a job and a stable income, I began to choose accounting because of the peculiarity quite "comfortable" of the industry: not too demanding, picky, I just have to like working with the numbers and skills required when working with numbers. Since accounting is an indispensable part of all companies and organizations, so this is one of the best craft unemployment negligent that I want to purse.

As competition increased between savings and loans, banks, and credit unions, banks were eager to attract loan applicants in order to increase revenue and compete with other financial institutions. Jack S. Light, the author of Increasing Competition between Financial Institutions, said in his book that “commercial banks are diversifying their assets toward higher percentages of mortgages and consumer loans, and thrift institutions are seeking authority to diversify their loan structures. Moreover, mounting pressures are working toward, and have partially succeeded in, changing the authority of thrifts to include third-party payment accounts similar to commercial bank demand deposits.” (Light) Because of this eagerness to bring in new clients, they were willing to give out loans without checking into the financial stability of the borrower or the business that was requesting the loan. Unfortunately since the banks didn 't look into their clients’ financials adequately, many clients defaulted on their loans because they could not afford the payments, especially when balloon payments started.

I think Louis Hyman did a good job of turning a topic that most people would not be interested in, into a book that people would want to read because, instead of only providing facts about the economy and the types of credit offered, it gave us a chance to see how people lived throughout the century financially and how they were affected by the trends in consumer credit. We got to see how some consumer’s dreams came true by being able to purchase more expensive items that they may not otherwise have been able to, to seeing how some consumers had to purchase necessities on credit because they struggled just to make ends meet (15). We are able to see the corruption of lenders such as furniture retailers taking advantage of customers through their installment plans (33) and the discrimination against African Americans (138) and divorced women (199) when trying to obtain credit. Debtor Nation opens the reader’s eyes to see just how far consumer lending has come over the past one hundred seventeen years to where we currently

As an Accounting major, I am very interested and have become fond of learning about the varying business aspects within the sports industry. As a result, I decided to conduct my interview with a professional that is associated with the business operations of athletics. The person that I interviewed was Dawn Reynolds, the Senior Associate Athletic Director for Business and Finance here at the University of Miami. After initially getting in contact with Ms. Reynolds a few weeks ago, I was finally able to meet with her briefly and conduct my interview on November 30, 2010, in room 261 in the Hecht Athletics Center. Just to give a bit of background information about Ms. Reynolds, she is from Elmira, New York and now

Mr. Paul Mackay, a sole proprietor, has approached the Commercial Bank of Ontario in order to obtain an additional $194,000 bank loan and a $26,000 line of credit. Paul owns and operates a general merchandising retailer in Riverdale, Ontario named Lawsons’. The bank loan is needed for Mr. Mackay to reduce his trade debt that has a sheer 13.5 per cent interest penalty. The line of credit is needed for sales seasonal downfalls so that Mr. Mackay could properly manage those tough months. Jackie Patrick, a first time loans officer, has been appointed to Mr. Mackay’s request. Although anxious to finish her first loan, Ms. Patrick knows that this particular case is a difficult one.

Dario Montoya is co-founder and CEO of V&D Financial LLC. His mission is to help people reach their financial goals. He has over 7 years of banking experience working with consumer and commercial clients with a strong expertise in credit & lending. He has always made the clients primary needs his personal goal, for instance, while working for a major financial institution he witnessed firsthand how clients would get declined for a loan for the smallest errors on their credit report or past minor mistake such as a late payment. He would then take it upon himself to go above and beyond educating and assisting clients on how to correct their credit report, despite

Mr. Tobin had a successful career as a great inventor, and fearless entrepreneur. His success became reality when he realized that without risks it is not possible to be an entrepreneur. He faced many financial drown, but he persevered where anybody else would have given up. His paying cash strategy is very hard to apply and comprehend, but it is clever and helpful. Dealing with lenders just because buying a nice car is a dream, it does not make much sense. Mr. Tobin is a great guide for many entrepreneurs who want to adventure themselves into the tough world of business. His theory on banks and credit agencies is what should inspire people to look for their wealth, and not pay endless interest. Banks do not care about businesses they earn

Countrywide’s tactics often led borrowers to expensive and sometimes unfavorable loans that resulted in richer commissions for Countrywide’s sales forces, fees to company affiliates providing services on the loans, and a roaring stock price that made Countrywide executives among the highest paid in America. Countrywide’s entire operation, from its computer system to its incentive pay structure and financing arrangements, was intended to wring maximum profits out of the mortgage lending boom no matter what it cost borrowers (Morgenson, 2007).

National, Inc. will continue to specialize in serving individuals who have less than perfect credit or who are self−employed and cannot qualify for conventional loans. The company was formed to provide loans to this niche market. The company utilizes the most current technology to enable it to not only provide competitive pricing but also excellent service. In the future, we plan to offer complementary products such as secured credit cards and debit cards, insurance, and other investment tools. It is rare in today 's business world to find a true market void. That is exactly what National has done. It has combined the latest in technology with an unfilled need and promises to deliver a high quality product at a competitive price. Our services have limited competition in Washington and even nationally because of the nature of our clients. We have built an excellent reputation in the area and wish to capitalize on it to enter the national marketplace. To reach an even larger market we will develop and utilize a web page on the Internet.

In 1996, Citibank was an emergent banking institution attempting to increase its market share in the competitive Los Angeles area. In order to do so, the bank’s strategy was to focus slightly less on their financial growth, and much more on providing “a high level of service to its customers”. Management viewed this paradigm shift as “critical to the long term success of the franchise”.

on hand However, this would not be sufficient to meet several large interest and principal payments