Mortgage Business Management Term Paper by Jay Writtings LLC

This paper focuses on the organizing function of the management of a mortgage business.
# 118646 | 973 words | 2 sources | MLA | 2010 | US
Published on Feb 12, 2010 in Business (Industries) , Business (Management)

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The paper addresses the mortgage business' management function of organizing. The paper focuses on three areas of organizing; organizing the business knowledge, monetary resources for investment and the physical assets.

Organizing Function in Mortgage business

From the Paper:

"A mortgage business aims at making profit by the way of interest gained from the financial assistance provided to the potential customers in procuring properties like land, home, automobiles, home appliances and office equipment. In some cases, financial assistance is provided against a property already possessed by the customers. In both the cases, the ownership of the property of the customer either already owned or procured will be bestowed upon the financial company doing the mortgage business till the time the customer repays the financial assistance received by the customer along with the agreed upon interest rate. The investment in the mortgage business is safe because of pledging of the property as a gurantee for the loan amount sanctioned. However, the business is subjected to the volatility of the money and real estate market forces like monitory policies of the central bank, prevailing economic conditions like inflation rate and interest rate for savings, availability and demand for land ext., in a greater dimension than any other business. The effectiveness and efficiency of the management of the mortgage business assumes greater significance in achieving the strategic objectives of the business."

Sample of Sources Used:

  • Gareth R Jones, Jennifer M George, Charles W L Hill, Contemporary Management, 2nd Edition, 2000, Irwin McGraw Hill.
  • Samuel C Certo, Modern Management, 9th Edition, 2003, Pearson Education Inc.

Cite this Term Paper:

APA Format

Mortgage Business Management (2010, February 12) Retrieved May 30, 2023, from

MLA Format

"Mortgage Business Management" 12 February 2010. Web. 30 May. 2023. <>