Aaron AbramsData Storage: How Many Words Is A Picture Really Worth?They say a picture is worth a thousand words. Well, it occurs to me that the worth of an image, with words as a unit of worth, is entirely…Aug 19, 2016Aug 19, 2016
Aaron AbramsAccounting for Reverse MortgagesA reverse mortgage is a loan with no regular payment required, but equity may be cashed out through regular payments from the lender to the…Aug 19, 2016Aug 19, 2016
Aaron AbramsBest Practices for Database and Version Upgrade and TestingWhen it is time to upgrade the version of your loan system, it is generally advantageous for a lender or servicer to do some testing of the…Aug 17, 2016Aug 17, 2016
Aaron AbramsHow Much Did Han Solo Owe?A long time ago, in a galaxy far, far away, there was a smuggler named Han Solo. You may have heard of him. He became famous for his…Aug 17, 2016Aug 17, 2016
Aaron AbramsCalculating the Rule of 78s: Add-Ons and SimpleThe Rule of 78s is a method for amortizing an amount of interest which has been pre-computed over the life of the loan and dividing that…Aug 17, 2016Aug 17, 2016
Aaron AbramsWhat Do Star Trek, The Roman Age, and Lending Have in Common?Somewhere around the year 2268, the USS Enterprise found a planet with a human civilization, which had apparently followed a parallel…Aug 17, 2016Aug 17, 2016