1. WhatisFRM?
Concept : To 65 year-old and over aged farmers, Thisis a system that keeps their own farmland as collateral and provide them pension for their a stable life after retirement.
Future directions : By securitizing farmland fund, to enjoy life of ease in their old age and maintain the security farm life.
A legal basis :
Korea Rural Community Corporation a
Ⅰ. Introduction : WhatisFarmlandreverse mortgage(FRM)?
Farmlandreverse mortgage is a system that guarantees stable life for aged farmers. The government lends aged farmers money in security for their own farmland. This system helps farmer who lack money for old age by securitizing farmland fund. Furthermore, FRM aims to strengthen the farming social safety net. These are purpose of the
1. WhatisFRM?
1) Concept : To 65 year-old and over aged farmers, Thisis a system that keeps their own farmland as collateral and provide them pension for their a stable life after retirement.
2) Future directions : By securitizing farmland fund, to enjoy life of ease in their old age and maintain the security farm life.
3) A legal basis :
Korea Rural Community Corporation and A
Ⅰ. Introduction
MORTGAGE lending is hardly the raciest business, but it has its moments. “It's a bit like the definition of combat: 59 minutes of boredom followed by a minute of sheer terror,” says Michael Youngblood, an analyst at Friedman, Billings, Ramsey, an investment bank.
figure 1. a protester carrying a slogan
World Financial Crisis in 2007 was originated from subprime mor