Bussiness Math Unit 8

Mortgages

1. Why does a mortgage lender sometimes sell a mortgage? How is this beneficial? How is it bad? Explain your viewpoint.

2. Search the internet to find articles about mortgages about reverse mortgages.

What is a reverse mortgage? Is a reverse mortgage good or bad ? Why?

Present this article to the class and explain why you chose the example. Include the URL for the site you used. Do not copy the text in the site verbatim. You should summarize your findings.