It is only when the government puts in uniform and steadfast laws and the private sector is able to provide sound financial offerings to the needy groups that this will succeed.
In order to understand how this endeavour can be successfully undertaken and completed, the mechanisms of how a sound mortgage financing system works have to be understood. The history of the how the system has evolved in the United States can be used as a guiding light to Pakistan's evolution. .
The weaknesses of the present situation have to be recognized and innovative solutions must be devised in order for the system to succeed. Those weaknesses which consist of inadequate laws and assurances for sound practices must be dissolved and the confidence of the mortgage financing institutions boosted. The role of the financing systems should be refined, their importance and need recognized while their need for security measures also be addressed so that they don't feel threatened by defaults. At the same time a system of checks on their practices has to be devised so that they cannot take advantage of anyone either. The use of technology and skills which are abundant in this sector should not be ignored in the formula. If the political will is there and the financing systems are open to development, the economy of the country will also profit leading to the betterment of the society at large.
Introduction.
Mortgage finance in the real estate and housing sector is of utmost importance in any nation's economy and has been utilized to expand the economic growth of many developed and underdeveloped countries. The real estate sector is extremely labour intensive, having backward and forward integration with many industries. Thus, investing in the real estate sector can effectively stimulate any country's overall economic potential. Financing of mortgages in the developed world is one of the prime economic stimulants as its percentage to Gross Domestic Product (GDP) exceeds about 60%, while in most developing countries, the housing loans to GDP ratios is near to 20%.
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 ...
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...
