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A New Course Alert! DexLab Analytics Launches Market Risk Analytics and Modelling

We are back again with some great news! Technology enthusiasts and hardcore industry professionals got another reason to cheer for DexLab Analytics, as we feel extremely delighted to announce our new Market Risk Analytics and Modelling online live sessions. We welcome hundreds and thousands of young, aspiring data enthusiasts from various parts of the country who are driven by hunger, passion and robust dreams of a data-friendly future to get enrolled in our online course on Market Risk Analytics using SAS. In our quest for expanding our horizons, these types of analytics course play a significant role.

 
A New Course Alert! DexLab Analytics Launches Market Risk Analytics and Modelling
 

Recently, Market Risk Analytics have gained a lot of prominence – a lot of tech pundits and industry practitioners have repeatedly emphasized on the importance of having sound market risk management policies and strong internal controls. Especially, since the global financial crisis, the critical aspect of risk management analytic has doubled.

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Banking Business and Banking Instruments-3: Mortgages

How to Leverage AI Strategy in Business?
 

In this blog we discuss the final banking instrument- Mortgages, for which models are developed extensively. A mortgage is a debt instrument, secured by the collateral of specified real estate property that the borrower is obliged to pay back with a pre-determined set of payments. Mortgages are used by individuals and businesses to make large real estate purchases without paying the entire value of the purchase upfront.

 

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Mortgages are mainly of two types: (a) Traditional Mortgages (b) Adjusted Rate Mortgages.

 

Traditional Mortgage is a fixed rate mortgage, where the borrower pays the same a fixed rate of interest for the life of the mortgage. The monthly principal and the interest payments never change from the first payment to the last. Most fixed rate mortgages have a 15-30 year term. If the market interest rate rises, the borrowers’ payment does not change. If the market interest rate drops significantly, the borrower may secure the lower rate by re-financing the mortgage.

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