Data Collection for Subprime Mortgages for a dissertation Essay

Data Collection for Subprime Mortgages for a dissertation - Essay Example nal Bureau of Economic Research, describing the large scale impact caused by the financial market crisis in the year 2007, which was by far the largest financial shock since the Great Depression. The magnitude of the crisis could be comprehended by the widespread damage caused on the markets as well as other financial institutions which were the core of the financial system. Information about various aspects of subprime mortgage such as meaning & definition, the developments in sub prime financing for understanding various factors behind sudden substantial deterioration in subprime markets and its extensive impact on the broader financial markets, effect of widespread distribution of exposure to subprime debt on the financial markets, behavior of subprime borrowers in relation to loans with high default rates, etc could be found in the annual report published by The Federal Reserve Bank of San Francisco (2007). This report could be accessed from (http://www.frbsf.org/publications/federalreserve/annual/2007/subprime.pdf) The report on â€Å"Analysis of Subprime Mortgage Servicing Performance† (Feb, 2008) by the State Foreclosure Prevention Group also contains vital information on servicers of subprime mortgage loans, description on the State Working Group, as well as key findings on issues such as loss mitigation option in case of delinquent borrowers, increase in use of loan modifications and other home retention options by servicers, payment resets on hybrid ARMs, state of the refinance options etc. This report could be accessed from: Primary sources of data collection or interviews would not be a feasible option in this case since the sheer magnitude and quantity of the data required for this type of research would make data collection from primary sources extremely time consuming and expensive. Moreover, primary sources of data collection would not be able to capture the essential outcomes required in this type of research. The type of data collection should

Cap task3c Term Paper Example | Topics and Well Written Essays - 5000 words

Cap task3c - Term Paper Example A log of time spent with the client 28 References 30 MBA CAPSTONE PROJECT 3.0 Functional areas The three functional areas upon which the problem is based include financial planning, research and development, and leadership. These are discussed as follows: 3.1 Financial planning This project will require substantial funds to be spent on purchase of sophisticated equipment that is used in implementation of image segmentation technique. Before the project is approved, an appropriate budget estimate has to be approved, but that will require adequate justification of all the important expenditure – the project cannot be approved without proper justification of budget estimate. This will be a tasking process keeping in mind that budgeting requires specialized accounting knowledge, but I will make efforts to put up a team with diverse knowledge and skills to help in areas that require specialized attention. 3.2 Research and development This project entails extensive investigation in order to arrive at the most effective scientific method of screening, which will potentially phase out the old techniques that have somewhat hampered treatments and screening of breast cancer in Mt Sinai Hospital. Investment in R&D of this magnitude will require hefty budgetary allocation, and the project committee in charge of approving the project must be convinced the expenditure that will be channeled towards R&D will be recovered in the long-term, otherwise the project will be considered ineffective. 3.4 Leadership Successful implementation of this project will require the project manager together with his/her team to work productively and as a united team in order to ensure effective and smooth implementation process. Despite financial and time constraints, the expectations of the project are quite high and hence very high leadership qualities are required to ensure all aspects of the projects are balanced. Most importantly, effective implementation requires a cohesive team, w hich is not possible without the right leadership. 4.0 Business Case Breast cancer is caused by genetic mutation of cells that are produced within the milk-producing lobules, which results to their abnormally quick growth. This project has been hatched with the realization that breast cancer can be treated easily if the hospital is in possession of modern and more sophisticated equipment - which aids in highly accurate screening tests 4.1Primary justification Breast cancer is a leading cause of deaths in Mount Sinai Hospital. Additionally, it is a matter of fact that breast cancer is the leading form of cancer that is killing many women in Mount Sinai Hospital as well as all other hospitals in the world. It is, therefore, very important for the hospital management to consider introduction of an image segmentation facility to help with early warning of breast cancer, because this is literary the key to improving breast cancer diagnosis in the hospital. Image segmentation use contours on the region they are positioned on to find the features of an image. As illustrated in figure 1, introduction of screening in US has increased breast cancer incidence, and this will be a primary benefit of this program. Fig 2?Incidence of invasive breast cancer per 100?000 women in the US 4.2 Performance gap and the expected benefits One of the most common screening methods used