Value of Real Estate Loans Issued By Commercial Banks Essay

Value of Real Estate Loans Issued By Commercial Banks - Essay Example The onset of the new millennium brought many developments for the banking sector globally. As such, the increased knowledge about mortgages and advanced exposure to access of finances meant that commercial banking business was as competitive as it was enjoying demand. In the year 2005, the United States economy was experiencing increased interests in housing and property development. Besides, the commercial banks increased their lending incentives in a bid to acquire the largest customer base of the growing credit demand.   In the first quarter of 2005, the real estate loans for residential, commercial and farmland were 1.43%, 1.12%, and 1.70% respectively (Federalreserve.gov, 2015). The low-interest rates in comparison to those of the fourth quarter of 2004 acted as incentives for consumers who wanted to capitalize on the credit availability opportunity provided for by the low-interest rates. As depicted in Figure 1 below, the rates of exposure to loans for both Commercial Real Es tate (CRE) and Construction and Land Development (CLD) was gradually increasing, thereby approaching the peak in 2005.The loan incentives put in place by commercial banks encouraged borrowing for risky mortgages, which threatened to go up, as is always the case of property appreciation for assets in high demand. The first quarter of 2006 indicated the beginning of the gradual discrepancies in the interest rates, as the real estate loans for residential, commercial and farmland settled at 1.60%, 1.02%, and 1.53%.

Henry Matisses Madam Matisse: The Green Line Essays -- Art Analysis

Madam Matisse: The Green Line Henry Matisse, one of the most influential members of the Fauve movement, was responsible for much of the attention brought to it and its respective members. One of his works, Madame Matisse: The Green Line, more or less serves as an excellent example of what he was trying to accomplish in art: the use of color to express and convey emotions. The composition of the work consists of a portrait of Madame Matisse in the foreground and a background divided into several distinct areas of color. The division in the background is apparent in the juxtaposition of the mauve, orange and blue green, with the foreground divided primarily by the green strip itself, which runs down the middle of Madam Matisse’s face and separates the painting along a vertical axis. The background and foreground, however, are rendered almost completely flat, so that they seem to become part of one another, and Madame Matisse seems to become somewhat of a portrait within a portrait. The space in the portrait is more or less two dimensional, with only a slight hint of depth illustrated by a dark area of shading above Madame Matisse’s left shoulder. The perspective is entirely frontal with her torso angled to the left and her head slightly to the right. Color, along with the subject of Madame Matisse, is the focus and most important element of the work. Matisse has used color here to illustrate a sense of the emotions he feels for his wife. These colors are primarily bright, striking colors such as orange, red, yellow, mauve and bright green accompanied by the use of a cooler, calmer blue-green and black. The combination of these colors is non-naturalistic and provides a contrast that is readily apparent t... ...began his professional career as a lawyer and did not discover painting and art until he bought a set of watercolors at some point before 1892. After he did discover his love of art he began to study in Paris in 1892 and spent much time in the south of France, which vastly affected the style of his work. In conclusion, the painting Madam Matisse: The Green Stripe is an embodiment of everything that Matisse himself and the Fauve movement stood for: the lyrical use of color to create â€Å"an art of balance, purity, and serenity.† He was able to use the initial ideas created in the Fauve movement and advance them beyond what any other artist in the period had done previously or after. In fact, one might say that Matisse was the artist who ensured the lasting impression of Fauvism on artistic expression and that it would not be what it is today without his influence.

Prison Reform Essay

Reform was a major issue in early 19th century America because it was a time when more middle-classed Americans were able to devote time to social causes and issues that they saw that concerned them. One of these important social movements was prison reform, and how men and women in prison were treated. In the early 1800’s the United States was regarded as having the best penal system in the world. This is why during the early 1800’s Alexis de Tocqueville was sent from France to the United States to study the penal system there. What he was coming here to study was how the system of prisons had been reformed already by Americans. Many individuals, in particular religious advocates who took up the cause of prison reform, had established themselves as the voice of prisoners. They felt that while prisoners needed to do time for their crimes and be punished accordingly, they also had the right to have good conditions within the prisons themselves. These people had a goal of creating prisons that were conducive to not only punishing individuals, but reforming them became an important part of their time in prison. These religious reformers felt that prisoners should be reformed to become good citizens and, if they never left jail, then at least they could be religious individuals.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The successes of these reformers were that they did create a great amount of interest in reform. Many new prisons began to be built that would be more conducive to reforming prisoners. These successes were shortly lived, however, because sadly the prisons did not go up as quickly as the prisoners were going in and therefore old prisons that were not good conditions were still in use, and many prisoners still languished in them, in even worse conditions than before.

Vietnam And Its Impact On Vietnam - 1231 Words

The country that I have chosen to do research in is Vietnam. Vietnam was considered one of the poorest countries until just recently it has been transformed in a lower middle-income country because of changing from a centrally planned economy into a more market-oriented economy through the use of the international trading system. The political and economic reform project is called Doi Moi and since Doi Moi has been initiated, Vietnam has grown at an annual average rate of 6.3% between the years 2007-2012 (WTO). The global financial crisis greatly affected Vietnam because it led to more tightly macroeconomic policies that were implemented in 2011. However, the official unemployment rate remains very low even though inflation dropped by 23%†¦show more content†¦When Vietnam entered into the World Trade Organization, the country experienced a huge increase in foreign direct investments. Ever since, Vietnam has remained a population place for foreign investors to look into. The Ministry of Industry and Trade plays a leading role in dealing with international trade issues for Vietnam. The information that Vietnam has provided the World Trade Organization has been very absent regarding Import Licensing. However, since joining the Association of Southeast Asian Nations, Vietnam has taken advantage and exported many of its competitive products such as agriculture, textiles, footwear and furniture. Vietnam trade policy developments have really gave Vietnam some flexibility and as a result V ietnam has used this to their advantage in reducing variation in domestic energy prices to protect some important industries. Vietnam has also levied a special consumption tax on certain goods such as cigarettes, alcoholic, and gambling services to prevent less consumption. Vietnam’s accession into the World Trade Organization equalized tax rates on imported and domestic produced alcoholic beverages. One interest fact that I found out is that trade taxes account for approximately one tenth of total tax revenue for the government (WTO). When speaking about non-tariff goods, Vietnam doesn’t allow for the import of goods that are consider harmful to human health and safety or national security. The Ministry of Industry and Trade is in