In contrast international experience in high income economies shows that a healthy mortgage market will provide extensive external benefits to the national economy consisting of efficient real estate development, employment in construction industry, easier labor mobility, capital market development, more efficient resources allocation, and lower macroeconomic volatility
These issues all have to be studied and resolved in order for the housing finance to become a success story and dynamically impact the economy of developing economies such as that of Pakistan.
Statement of the Problem.
Pakistan is undergoing a turbulent time both politically and economically. The country is deeply embroiled in various economic problems consisting of: a massive foreign debt, trade deficit, minimal revenue, huge expenditures, and explosive population growth with limited civic facilities. Lack of resources has made it virtually impossible for the government to develop the country's real estate sector to its real potential and provide adequate housing to its population on reasonable terms. However, in a fiercely competitive world, Pakistan has to develop a strategy for a broad-based application of mortgage laws in order to make it possible not only for the people to have affordable housing but also to facilitate the speed of economic growth. It is only through the initiation of developing such an institutional system with a strong legal framework that the country can move forward and develop economically in a conducive environment. Although Pakistan has a regulatory framework in the real estate sector, a comprehensive policy of rigorous application of mortgage laws and providing incentives and guidelines to the financial sector is still a dire need for getting the country's sluggish economic growth on the move. Only with a firm commitment to this policy can the government promote mortgage financing in the real estate sector to help kick start the economic growth in Pakistan as has been done in many developed countries.
Mortgage options for less than perfect credit is not that bad. ... Then, ameriquest.com offers refinance with Ameriquest Mortgage. ... Then, you can go to interest.com/editorial/Mortgage column/mtgstory990309.htm. Mortgage programs available for low income you can go to lowquotes-mort-gage.com. ... Minnesota small business, second mortgage home, minorities. ...
Internet is an IT application which is very helpful in libraries. ... This research is significant as it determines the application of IT used in libraries of Pakistan. ... The adoption of IT can be seen in a number of libraries in Pakistan. ... To promote automation and digitization of libraries in Pakistan. ... Why there is a need to automate the libraries of Pakistan? ...
Pakistan is an agriculture country. ... The government's major portion of the budget is invested in defence and law enforcing agencies. ... The daily wagers and local investors are directly undermined owing to desperate law and order situations. The consumption of huge amount of public money on law enforcing agencies could not pay peace and tranquility in Pakistan. ... If Pakistan is succeeded to get good governance far and wide in the country than other related issues like law and order, energy dilemma, de-industrialisation, unequal regulation of competition would automatically eliminate...
He also brought reforms to the Muslim family law ordinance. ... Another duty of the Advisory council was to advise the government if any new law was antagonistic to the Islamic law. ... Ayub Khan also attempted to change the Marriage Family laws of Pakistan. ... The family laws provided women greater rights, which curbed the freedom with which men could divorce their wives. ... The law was finally put into practice but it had been altered on all fronts to accommodate the traditionalist demands. ...
This pathetic condition has been caused by, along with political instability and mismanagement, worsened law and order situation and corruption. ... The worsened law and order situation in Baluchistan has put, not only this region at stake, but it has also made the future of Pakistan eclipsed. ... How rich Pakistan is and how poor Pakistanis are! ... Eleven dissolved assemblies, three martial laws, making, amending and abrogating three constitutions, frequent LFO's and ordinance witness the consistently changing governments in Pakistan. ... Secondly, the worsened law and order situation ...
Pakistan has got fine weather conditions. Pakistan has got brilliant minds. Pakistan is a nuclear power. ... Science is knowledge while technology is its application (1,2). ... There is nothing wrong with Pakistan. ...
Why Pakistan needs to make defence expenditure? Since getting independence in 1947, Pakistan has steadily increased its defence expenditure. Defence expenditure has been one of the biggest expenses of any Pakistan government. ... Pakistan's defence expenditure 1947 to 2003 In our analysis of Pakistan's defence expenditure over the last 56 years, we have divided them into six regimes. ... Was Pakistan extraordinarily efficient in the use of capital resources? ...
Regardless of his busy schedule, Jeremiah, mortgage broker from Mortgage Alliance Winnipeg, allotted his time to provide helpful information for this interview. He has been an insurance broker and a mortgage broker for almost 10 years. ... Furthermore, Mortgage Brokers are also responsible for finding lenders that can provide the best rate, mortgage terms, and conditions for the client. ... However, that is just the beginning of the mortgage-client relationship. ... As a mortgage broker, you need to put your clients first. ...
The constitution of Pakistan include article: "All citizens are equal before law and are entitle to equal protection from all kinds of violence". 'However, customary and Islamic laws practices in the country negate the equality of women as guaranteed in constitution of Pakistan' (Usman 2006). ... She was sent to Pakistan to marry her cousin when she was pregnant for the third time, her mother-in-law insisted that the baby be given to her sister-in-law, who was childless. Upon her disagreement, her in-law set her on fire. ... A Pakistani wome...