Case Study: Mortgage Approval Time Study
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MAT510074VA016-1208-001 - BUSINESS STATISTICS
Case Study: Mortgage Approval Time Study Jay Khan on Sun, Nov 29 2020, 1:27 AM
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Case Study - Mortgage Approval Time Study Final PPT.pptx
1 CASE STUDY- MORTGAGE APPROVAL TIME STUDY
Jasim Khan
2 MAT 510 – BUSINESS STATISTICS STRAYER UNIVERSITY ELIETTE BARRIOS
3 11/28/2020
4 A DESIGN OF EXPERIMENT (DEO) THE DOE THAT WILL BE PERFORMED FOR
THIS CONTEXTUALIZED STUDY IS THE ONE-FACTOR-AT-A-TIME EXPERIMENT
(DURIVAGE, 2016).
Every factor in this experiment is examined independently by changing one variable whereas
distinct factors remain fixed (Hoerl & Snee, 2012).
There are three-factors to evaluate using circumstances and logical findings in this experiment.
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Case Study - Mortgage Approval Time Study Final PPT.pptx Word Count: 1,092 Attachment ID: 3776223153
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4 FROM THE CAUSE AND EFFECT DIAGRAM, WE WILL IDENTIFY THE MAIN
DRIVERS OF THE DIFFERENT AMOUNT OF TIME NEEDED FOR THE MORTGAGE
TO BE ENDORSED.
The probable main drivers of this process are the computation of down reimbursements,
attainment of evidence of income, history of employment, financing statements, accommodation
history (Mass & Garillot, 2019).
Let's observe the effects of these different small departures from the outcome of each test. 4 THE
MAIN EXPERIMENT IS USING THE DATA FROM THE GRAPH AND OBTAINING
NORMAL LOAN APPROVAL TIME.
5 A DESIGN OF EXPERIMENT (DOE). .CONT.
6 KEY DRIVERS THE PROBABLE MAIN DRIVERS OF THIS PROCESS ARE:
The computation of down reimbursements.
Attainment of evidence of income,.
History of employment.
Financing statements.
Accommodation history.
5 A DESIGN OF EXPERIMENT (DOE) ANALYSIS
4 IT IS NOTICEABLE THAT THE COMPUTED EFFECT FACTOR FOR EVERY
EXPERIMENT (SERIES 1 TO 5) CLUSTER. Nevertheless, we have an outlier in series 2.
The outlier is brought forth when the effect factor is computed within section and experiment 2.
This means that the section has a significant impact on the amount of time needed to get a
mortgage endorsed.
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It is noticeable that lower amount, great credit score, and the Eastern areas of the U.S produces the
most appropriate combination to get the mortgage endorsed as soon as possible.
4 CREDIT SCORES DISPLAY THE RELIABILITY OF AN INDIVIDUAL TO THE
FINANCIAL INSTITUTIONS.
5 A DESIGN OF EXPERIMENT (DOE) ANALYSIS. cont.
4 CREDIT SCORES DEFINE HOW COSTLY OR EASY IT IS FOR AN INDIVIDUAL TO
GET A MORTGAGE LOAN.
LENDERS USUALLY LOOK AT THE CREDIT SCORE WHEN ESTABLISHING A
PERSON’S ABILITY TO PAY.
THE LENDERS USUALLY FAVOR INDIVIDUALS WITH GOOD OR EXCELLENT
CREDIT SCORES.
INDIVIDUALS HAVING EXCELLENT CREDIT SCORES ARE CAPABLE OF SAVING
THOUSANDS OF DOLLARS.
THE SIZE OF THE MORTGAGE IMPACTS APPROVAL TIME.
IT TAKES LESS TIME TO APPROVE MORTGAGE LOANS OF LESS THAN $500,000
SINCE FEWER AMOUNTS OFTEN RESULT IN SMALLER DOWN PAYMENTS,
THEREBY MAKING AN EXCELLENT PROXY FOR UNDERSTANDING FOR THE
OWNERS OF HOMES ON THE MORTGAGES.
IT IS NOTICEABLE THAT IT TAKES A SHORTER TIME TO ENDORSE MORTGAGE
LOANS IN THE EASTERN REGION OF THE U.S.
GRAPHICAL DISPLAY TOOL
6 THE GRAPHICAL INSTRUMENTS USED TO DISPLAY THE FINDINGS OF THE
DOE THAT IS PERFORMED IN QUESTION ONE IS A SCATTER CHART
(SELVAMUTHU & DAS, 2018).
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THE CIRCUMSTANCES AND LOGICAL RESULTS DIAGRAM CONSIDER A QUICK
VISUAL OF POTENTIAL MAIN DRIVERS OF LOAN APPROVAL TIME.
4 THE CAUSE AND EFFECT CHART CAN LIKEWISE BE ADJUSTED BY ADDING
AND ELIMINATING ROOTS CAUSE AND LABELING COMMON AND SPECIAL
VARIATION TOO.
THE SCATTER GRAPH CONSIDERS A GRAPHICAL DELINEATION OF RELATED
DATA POINT AND HOW THE POINT CONNECTS WITH EACH OTHER.
THE GRAPH SHOWS PATTERNS AND THE BEARING OF THOSE EXAMPLES,
WHICH CAN AGAIN DEMONSTRATE THE NEED TO MAKE MODIFICATIONS FOR
ENHANCEMENTS.
IN EACH OF THE FIVE EXPERIMENTS, THE DATA PLOTTED AT THE TOP
DISPLAYS A FEW OUTLINERS THAT HAVE TO BE ADDRESSED TO REDUCE THE
AMOUNT OF TIME IT LASTS TO APPROVE A MORTGAGE LOAN.
DATA SAMPLING METHOD
A LARGE SAMPLE SIZE GIVES THE RESEARCH THE OPPORTUNITY TO INCREASE
THE LEVEL OF SIGNIFICANCE OF THE FINDINGS DUE TO THE FACT THAT THE
CONFIDENCE OF THE RESULTS HAS MORE LIKELIHOOD OF INCREASING WITH
A HIGHER SAMPLE SIZE (SELVAMUTHU & DAS, 2018).
A LARGE SAMPLE SIZE RESULTS IN INCREASED ACCURACY IN MIRRORING THE
BEHAVIOR OF THE ENTIRE GROUP.
THE CIRCUMSTANCES UNDER WHICH IT WOULD HAVE BEEN SUITABLE TO
CHOOSE A LARGER SAMPLE INCLUDE THE NEED TO EASILY PINPOINT THE
OUTLIERS, THE NEED TO INCREASE THE VALIDITY AND PRECISION OF THE
RESULTS, AND THE NEED TO ELIMINATE THE MISLEADING STATISTICS IN CASE
AN OUTLIER IS PRESENT IN THE SAMPLE.
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DATA SAMPLING METHOD. CONT.
4 A SAMPLE OF FIVE MORTGAGES IS INADEQUATE IN ACCESSING THE
RELATIVE MAGNITUDES OF THE IMPACTS OF VARIABLES, AS IT IS NOT EASY TO
PINPOINT THE OUTLIERS (SELVAMUTHU & DAS, 2018).
AS A RESULT, I WOULD RECOMMEND A SAMPLE SIZE OF 30.
FROM A LARGER SAMPLE SIZE, IT IS EASY TO INCREASE THE ACCURACY OF THE
RESULTS.
ADDITIONALLY, A LARGER SAMPLE SIZE RESULTS IN A SMALLER MARGIN OR
ERRORS THEREBY INCREASING THE VALIDITY AND THE PRECISION OF THE
RESULTS.
OTHER VARIABLES TO BE STUDIED
THE ALTERNATE VARIABLE FEEDBACKS THAT MIGHT BE OF INTEREST TO
MEASURE AND STUDY ARE RECENT PAYMENT HISTORY AND THE DEBT TO
INCOME RATIO (MAAS & GARILLOT, 2019).
THESE TWO FACTORS ARE VERY ESSENTIAL MEASURES OF THE PROCESS A
PERSON WOULD HAVE TO GO THROUGH BEFORE OBTAINING THE LOAN.
TAKING A LOOK AT THE CURRENT PAYMENT HISTORY IS VITAL IN
ESTABLISHING IF AN INDIVIDUAL WILL BE ABLE TO PAY THE LOAN.
MISSED PAYMENTS MANY YEARS AGO MIGHT CONTRIBUTE TO PAST BAD
CREDIT; HOWEVER, IT MIGHT NOT BE A CONCERN.
BUT MISSED PAYMENTS FROM LAST MONTH COULD SINK THE CHANCE OF A
PERSON FOR A LOAN (MAAS & GARILLOT, 2019).
CALCULATING THE TOTAL DEBT AS A PERCENTAGE OF A PERSON’S INCOME IS
IMPORTANT IN DETERMINING HIS ABILITY TO PAY.
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IT IS GOOD TO HAVE A RATIO OF LESS THAN 36%; HOWEVER, THE DEBT TO
INCOME RATIO MAY NOT AUTOMATICALLY DISQUALIFY A PERSON FROM A
LOAN.
OVERALL RECOMMENDATION
4 ACCORDING TO THE DOE, FINANCIAL SERVICES COMPANIES CAN DECREASE
MORTGAGE APPROVAL TIMES BY ENABLING DIGITAL VERIFICATION
PROCESSES THROUGHOUT THE LOAN CYCLE.
THIS ENTAILS USING TECHNOLOGIES SUCH AS ARTIFICIAL INTELLIGENCE,
MACHINE LEARNING, API, AND MICROSERVICES AMONG OTHERS.
THE INTEGRATION OF SUCH TECHNOLOGIES INTO THE LOAN ORIGINATION
SYSTEM WILL GREATLY LOWER THE MUNDANE HUMAN WORK, MANAGE
MASSIVE TRANSACTION VOLUMES EFFORTLESSLY, AND DECREASE THE
ENTIRE LOAN PROCESSING TIME.
ONE OF THE MOST SIGNIFICANT KEY BUSINESS DRIVERS IS THE
IMPLEMENTATION OF A ONE-CLICK PRE-APPROVAL PROCESS FOR MORTGAGE
LOANS.
AUTOMATION HELPS IN CAPTURING ALL CRUCIAL DATA FOR FASTER LOAN
APPROVAL.
REFERENCES
Durivage, M. A. (2016). 4 PRACTICAL DESIGN OF EXPERIMENTS (DOE): A GUIDE
FOR OPTIMIZING DESIGNS AND PROCESSES. Milwaukee, Wisconsin: 4 ASQ
QUALITY PRESS.
HOERL, R., & SNEE, R. (2012). 4 STATISTICAL THINKING IMPROVING BUSINESS
PERFORMANCE. Hoboken: 4 JOHN WILEY AND SONS, INC.
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MAAS, G., & GARILLOT, F. (2019). 4 STREAM PROCESSING WITH APACHE SPARK:
MASTERING STRUCTURED STREAMING AND SPARK STREAMING. Beijing: O'Reilly.
4 SELVAMUTHU, D., & DAS, D. (2018). 4 INTRODUCTION TO STATISTICAL
METHODS, DESIGN OF EXPERIMENTS, AND STATISTICAL QUALITY CONTROL.
Singapore: Springer.
Citations (6/6)
Matched Text
1 Another student's paper: Author: Peter Simpson; Submitted: Sun, May 31 2020, 11:58 AM; Filename: MAT 510 Mortgage PP Case study #2 (final)pdf.pdf
2 Another student's paper: Author: Jannette Ulloa; Submitted: Sat, Jan 25 2020, 10:43 AM; Filename: Submission_Text.html
3 Another student's paper: Author: Sebina Mcalister; Submitted: Mon, Apr 13 2020, 10:44 PM; Filename: BUSINESS(1).docx
4 Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
5 Another student's paper: Author: Shameka Felder; Submitted: Mon, Aug 27 2018, 11:42 PM; Filename: case study 2.docx
6 Another student's paper: Author: aida elhamdouni; Submitted: Sat, Jun 06 2020, 3:11 PM; Filename: Elhamdouni_Aida_Case Study 2.docx.pptx
Suspected Entry: 80% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
CASE STUDY- MORTGAGE APPROVAL TIME STUDY
Source - Another student's paper: Author: Peter Simpson; Submitted: Sun, May 31 2020, 11:58 AM; Filename: MAT 510 Mortgage PP Case study #2 (final)pdf.pdf
Case Study #2 Mortgage Approval Time
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MAT 510 – BUSINESS STATISTICS STRAYER UNIVERSITY ELIETTE BARRIOS
Source - Another student's paper: Author: Jannette Ulloa; Submitted: Sat, Jan 25 2020, 10:43 AM; Filename: Submission_Text.html
MAT 510 Business Statistics Strayer University
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11/28/2020
Source - Another student's paper: Author: Sebina Mcalister; Submitted: Mon, Apr 13 2020, 10:44 PM; Filename: BUSINESS(1).docx
April 11, 2020
Suspected Entry: 69% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
A DESIGN OF EXPERIMENT (DEO) THE DOE THAT WILL BE PERFORMED FOR THIS CONTEXTUALIZED STUDY IS THE ONE-FACTOR-AT-A-TIME EXPERIMENT (DURIVAGE, 2016)
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
A Design of Experiment (DOE) The design of experiment (DOE) that will be carried out for this contextual investigation is the one-factor-at-a-time (OFAAT) experimentation (Durivage, 2016)
Suspected Entry: 68% match
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FROM THE CAUSE AND EFFECT DIAGRAM, WE WILL IDENTIFY THE MAIN DRIVERS OF THE DIFFERENT AMOUNT OF TIME NEEDED FOR THE MORTGAGE TO BE ENDORSED
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
The cause and effect diagram will help recognize the main drivers of the varying amount of time taken for the mortgage to be approved
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Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
THE MAIN EXPERIMENT IS USING THE DATA FROM THE GRAPH AND OBTAINING NORMAL LOAN APPROVAL TIME
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
The main experimentation is simply utilizing the information from the graph and getting normal loan approval time
Suspected Entry: 67% match
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Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
IT IS NOTICEABLE THAT THE COMPUTED EFFECT FACTOR FOR EVERY EXPERIMENT (SERIES 1 TO 5) CLUSTER
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
It is evident that the calculated effect factor for all experiments (series 1-5) cluster
Suspected Entry: 71% match
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CREDIT SCORES DISPLAY THE RELIABILITY OF AN INDIVIDUAL TO THE FINANCIAL INSTITUTIONS
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Credit scores show the reliability of a person to the financial institutions
Suspected Entry: 72% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
CREDIT SCORES DEFINE HOW COSTLY OR EASY IT IS FOR AN INDIVIDUAL TO GET A MORTGAGE LOAN
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Credit score defines how costly or easy it is for a person to get a mortgage loan
Suspected Entry: 88% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
LENDERS USUALLY LOOK AT THE CREDIT SCORE WHEN ESTABLISHING A PERSON’S ABILITY TO PAY
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Lenders usually look at the credit score when determining a person’s ability to pay
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THE LENDERS USUALLY FAVOR INDIVIDUALS WITH GOOD OR EXCELLENT CREDIT SCORES
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
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The lenders usually favor individuals with good or excellent credit scores
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INDIVIDUALS HAVING EXCELLENT CREDIT SCORES ARE CAPABLE OF SAVING THOUSANDS OF DOLLARS
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Individuals having excellent credit scores are capable of saving thousands of dollars
Suspected Entry: 77% match
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THE SIZE OF THE MORTGAGE IMPACTS APPROVAL TIME
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
The size of the mortgage affects the approval time
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IT TAKES LESS TIME TO APPROVE MORTGAGE LOANS OF LESS THAN $500,000 SINCE FEWER AMOUNTS OFTEN RESULT IN SMALLER DOWN PAYMENTS, THEREBY MAKING AN EXCELLENT PROXY FOR UNDERSTANDING FOR THE OWNERS OF HOMES ON THE MORTGAGES
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
It takes less time to approve mortgage loans of less than $500,000 because fewer amounts often result in smaller down payments, thereby making an excellent proxy for understanding for the owners of homes on the mortgages
Suspected Entry: 73% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
IT IS NOTICEABLE THAT IT TAKES A SHORTER TIME TO ENDORSE MORTGAGE LOANS IN THE EASTERN REGION OF THE U.S
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
It is evident that it takes a shorter time to approve mortgage loans in the Eastern region of the United States
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THE CAUSE AND EFFECT CHART CAN LIKEWISE BE ADJUSTED BY ADDING AND ELIMINATING ROOTS CAUSE AND LABELING COMMON AND SPECIAL VARIATION TOO
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
The cause and effect chart can likewise be adjusted by adding and eliminating roots cause and labeling common and special variation too
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THE SCATTER GRAPH CONSIDERS A GRAPHICAL DELINEATION OF RELATED DATA POINT AND HOW THE POINT CONNECTS WITH EACH OTHER
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
The scatter graph take into consideration a graphical delineation of related data point and how the point connects with each other
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THE GRAPH SHOWS PATTERNS AND THE BEARING OF THOSE EXAMPLES, WHICH CAN AGAIN DEMONSTRATE THE NEED TO MAKE MODIFICATIONS FOR ENHANCEMENTS
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
The graph shows patterns and the bearing of those examples, which can again demonstrate the need to make modifications for enhancements
Suspected Entry: 82% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
IN EACH OF THE FIVE EXPERIMENTS, THE DATA PLOTTED AT THE TOP DISPLAYS A FEW OUTLINERS THAT HAVE TO BE ADDRESSED TO REDUCE THE AMOUNT OF TIME IT LASTS TO APPROVE A MORTGAGE LOAN
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
In all of the five experiments, the above-plotted data shows a few outliners that have to be addressed to reduce the amount of time it takes to approve a mortgage loan
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DATA SAMPLING METHOD
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Data Sampling Method
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A LARGE SAMPLE SIZE GIVES THE RESEARCH THE OPPORTUNITY TO INCREASE THE LEVEL OF SIGNIFICANCE OF THE FINDINGS DUE TO THE FACT THAT THE CONFIDENCE OF THE RESULTS HAS MORE LIKELIHOOD OF INCREASING WITH A HIGHER SAMPLE SIZE (SELVAMUTHU & DAS, 2018)
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
A large sample size gives the research the opportunity to increase the level of significance of the findings due to the fact that the confidence of the results has more likelihood of increasing with higher sample size (Selvamuthu & Das, 2018)
Suspected Entry: 100% match
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A LARGE SAMPLE SIZE RESULTS IN INCREASED ACCURACY IN MIRRORING THE BEHAVIOR OF THE ENTIRE GROUP
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
A large sample size results in increased accuracy in mirroring the behavior of the entire group
Suspected Entry: 93% match
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THE CIRCUMSTANCES UNDER WHICH IT WOULD HAVE BEEN SUITABLE TO CHOOSE A LARGER SAMPLE INCLUDE THE NEED TO EASILY PINPOINT THE OUTLIERS, THE NEED TO INCREASE THE VALIDITY AND PRECISION OF THE RESULTS, AND THE NEED TO ELIMINATE THE MISLEADING STATISTICS IN CASE AN OUTLIER IS PRESENT IN THE SAMPLE
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
The circumstances under which it would have been appropriate to select a larger sample include the need to easily pinpoint the outliers, the need to increase the validity and precision of the results, and the need to eliminate the misleading statistics in case an outlier is present in the sample
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DATA SAMPLING METHOD
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Data Sampling Method
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Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
A SAMPLE OF FIVE MORTGAGES IS INADEQUATE IN ACCESSING THE RELATIVE MAGNITUDES OF THE IMPACTS OF VARIABLES, AS IT IS NOT EASY TO PINPOINT THE OUTLIERS (SELVAMUTHU & DAS, 2018)
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
A sample of five mortgages is inadequate in accessing the relative magnitudes of the effects of variables, as it is not easy to pinpoint the outliers (Selvamuthu & Das, 2018)
Suspected Entry: 100% match
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AS A RESULT, I WOULD RECOMMEND A SAMPLE SIZE OF 30
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
As a result, I would recommend a sample size of 30
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
FROM A LARGER SAMPLE SIZE, IT IS EASY TO INCREASE THE ACCURACY OF THE RESULTS
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
From a larger sample size, it is easy to increase the accuracy of the results
Suspected Entry: 99% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
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ADDITIONALLY, A LARGER SAMPLE SIZE RESULTS IN A SMALLER MARGIN OR ERRORS THEREBY INCREASING THE VALIDITY AND THE PRECISION OF THE RESULTS
Additionally, a larger sample size results in smaller margin or errors thereby increasing the validity and the precision of the results
Suspected Entry: 100% match
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OTHER VARIABLES TO BE STUDIED
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Other Variables to Be Studied
Suspected Entry: 89% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
THE ALTERNATE VARIABLE FEEDBACKS THAT MIGHT BE OF INTEREST TO MEASURE AND STUDY ARE RECENT PAYMENT HISTORY AND THE DEBT TO INCOME RATIO (MAAS & GARILLOT, 2019)
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
The other variable responses that might be of interest to measure and study are recent payment history and the debt to income ratio (Maas & Garillot, 2019)
Suspected Entry: 93% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
THESE TWO FACTORS ARE VERY ESSENTIAL MEASURES OF THE PROCESS A PERSON WOULD HAVE TO GO THROUGH BEFORE OBTAINING THE LOAN
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
These two factors are very important measures of the process a person would have to go through before obtaining the loan
Suspected Entry: 62% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
TAKING A LOOK AT THE CURRENT PAYMENT HISTORY IS VITAL IN ESTABLISHING IF AN INDIVIDUAL WILL BE ABLE TO PAY THE LOAN
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Looking at the recent payment history is crucial in determining if a person will be able to pay the loan
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Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
MISSED PAYMENTS MANY YEARS AGO MIGHT CONTRIBUTE TO PAST BAD CREDIT
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
The missed payments many years ago might contribute to past bad credit
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
HOWEVER, IT MIGHT NOT BE A CONCERN
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
however, it might not be a concern
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
BUT MISSED PAYMENTS FROM LAST MONTH COULD SINK THE CHANCE OF A PERSON FOR A LOAN (MAAS & GARILLOT, 2019)
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
But missed payments from last month could sink the chance of a person for a loan (Maas & Garillot, 2019)
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
CALCULATING THE TOTAL DEBT AS A PERCENTAGE OF A PERSON’S INCOME IS IMPORTANT IN DETERMINING HIS ABILITY TO PAY
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Calculating the total debt as a percentage of a person’s income is important in determining his ability to pay
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
IT IS GOOD TO HAVE A RATIO OF LESS THAN 36%
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
12/3/2020 SafeAssign Originality Report
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It is good to have a ratio of less than 36%
Suspected Entry: 99% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
HOWEVER, THE DEBT TO INCOME RATIO MAY NOT AUTOMATICALLY DISQUALIFY A PERSON FROM A LOAN
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
however, debt to income ratio may not automatically disqualify a person from a loan
Suspected Entry: 81% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
ACCORDING TO THE DOE, FINANCIAL SERVICES COMPANIES CAN DECREASE MORTGAGE APPROVAL TIMES BY ENABLING DIGITAL VERIFICATION PROCESSES THROUGHOUT THE LOAN CYCLE
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Based on the BOE, financial services companies can reduce mortgage approval times by enabling digital verification processes throughout the loan cycle
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
THIS ENTAILS USING TECHNOLOGIES SUCH AS ARTIFICIAL INTELLIGENCE, MACHINE LEARNING, API, AND MICROSERVICES AMONG OTHERS
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
This entails using technologies such as Artificial Intelligence, Machine Learning, API, and Microservices among others
Suspected Entry: 92% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
THE INTEGRATION OF SUCH TECHNOLOGIES INTO THE LOAN ORIGINATION SYSTEM WILL GREATLY LOWER THE MUNDANE HUMAN WORK, MANAGE MASSIVE TRANSACTION VOLUMES
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
The integration of such technologies into the loan origination system will greatly lower the mundane human work, manage massive transaction volumes effortlessly, and reduce the overall loan processing time
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EFFORTLESSLY, AND DECREASE THE ENTIRE LOAN PROCESSING TIME
Suspected Entry: 93% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
ONE OF THE MOST SIGNIFICANT KEY BUSINESS DRIVERS IS THE IMPLEMENTATION OF A ONE- CLICK PRE-APPROVAL PROCESS FOR MORTGAGE LOANS
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
One of the most important key business drivers is the implementation of one-click pre-approval process for mortgage loans
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
AUTOMATION HELPS IN CAPTURING ALL CRUCIAL DATA FOR FASTER LOAN APPROVAL
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Automation helps in capturing all crucial data for faster loan approval
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
PRACTICAL DESIGN OF EXPERIMENTS (DOE)
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Practical design of experiments (DOE)
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
A GUIDE FOR OPTIMIZING DESIGNS AND PROCESSES
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
A guide for optimizing designs and processes
Suspected Entry: 100% match
12/3/2020 SafeAssign Originality Report
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Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
ASQ QUALITY PRESS
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
ASQ Quality Press
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
HOERL, R., & SNEE, R
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Hoerl, R., & Snee, R
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
STATISTICAL THINKING IMPROVING BUSINESS PERFORMANCE
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Statistical Thinking Improving Business Performance
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
JOHN WILEY AND SONS, INC
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
John Wiley and Sons, Inc
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
MAAS, G., & GARILLOT, F
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Maas, G., & Garillot, F
Suspected Entry: 100% match
12/3/2020 SafeAssign Originality Report
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Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
STREAM PROCESSING WITH APACHE SPARK
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Stream processing with Apache Spark
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
MASTERING STRUCTURED STREAMING AND SPARK STREAMING
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Mastering structured streaming and Spark streaming
Suspected Entry: 99% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
SELVAMUTHU, D., & DAS, D
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Selvamuthu, D., & Das, D
Suspected Entry: 100% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
INTRODUCTION TO STATISTICAL METHODS, DESIGN OF EXPERIMENTS, AND STATISTICAL QUALITY CONTROL
Source - Another student's paper: Author: Alexis Rabb; Submitted: Mon, Jun 01 2020, 9:00 AM; Filename: Mortgage Approval Time Study.pptx
Introduction to statistical methods, design of experiments and statistical quality control
Suspected Entry: 95% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
A DESIGN OF EXPERIMENT (DOE)
Source - Another student's paper: Author: Shameka Felder; Submitted: Mon, Aug 27 2018, 11:42 PM; Filename: case study 2.docx
Design of experiment (DOE)
12/3/2020 SafeAssign Originality Report
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Suspected Entry: 82% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
A DESIGN OF EXPERIMENT (DOE) ANALYSIS
Source - Another student's paper: Author: Shameka Felder; Submitted: Mon, Aug 27 2018, 11:42 PM; Filename: case study 2.docx
Design of experiment (DOE)
Suspected Entry: 82% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
A DESIGN OF EXPERIMENT (DOE) ANALYSIS
Source - Another student's paper: Author: Shameka Felder; Submitted: Mon, Aug 27 2018, 11:42 PM; Filename: case study 2.docx
Design of experiment (DOE)
Suspected Entry: 66% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
KEY DRIVERS THE PROBABLE MAIN DRIVERS OF THIS PROCESS ARE
Source - Another student's paper: Author: aida elhamdouni; Submitted: Sat, Jun 06 2020, 3:11 PM; Filename: Elhamdouni_Aida_Case Study 2.docx.pptx
What are the key drivers of this process
Suspected Entry: 76% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
THE GRAPHICAL INSTRUMENTS USED TO DISPLAY THE FINDINGS OF THE DOE THAT IS PERFORMED IN QUESTION ONE IS A SCATTER CHART (SELVAMUTHU & DAS, 2018)
Source - Another student's paper: Author: aida elhamdouni; Submitted: Sat, Jun 06 2020, 3:11 PM; Filename: Elhamdouni_Aida_Case Study 2.docx.pptx
The graphical instruments used to present the results of the DIOE that is conducted in question one is a scatter chart (Selvamuthu & Das, 2018)
Suspected Entry: 88% match
Uploaded - Case Study - Mortgage Approval Time Study Final PPT.pptx
THE CIRCUMSTANCES AND LOGICAL RESULTS DIAGRAM CONSIDER A QUICK VISUAL OF
Source - Another student's paper: Author: aida elhamdouni; Submitted: Sat, Jun 06 2020, 3:11 PM; Filename: Elhamdouni_Aida_Case Study 2.docx.pptx
The circumstances and logical results diagram take into consideration a quick visual of potential main drivers of
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POTENTIAL MAIN DRIVERS OF LOAN APPROVAL TIME
loan approval time
