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What two major decisions are made by financial managers?
Mortgage Default Rate
The percentage of borrowers who fail to make required loan payments on their mortgage.
Foreclosure Rate
The percentage of home mortgages on which the lender has started the process of taking ownership of the property because the borrower has failed to make the monthly payments.
Economic Expansions
Periods when an economy grows and not just recovers from a decline, typically seen by increases in industrial production, employment, and sales.
Mortgage Default Rates
The percentage of borrowers failing to make their mortgage payments on time, leading to default.
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