Sunday, January 26, 2020
Effects of Death on the Family
Effects of Death on the Family Cadence Matthews To begin, grief and death can be difficult to understand, Fumia said, When it comes to grieving the death of a loved one, there are no linear patterns, no normal reactions, no formulas to follow[K1]. The word grief is derived from the French word grà ¨ve, meaning a heavy burden. Indeed, the physical, emotional, psychological and spiritual implications can be overwhelming[K2]. The reality of death effects families from an emotional/physical myriad while also shifting family systems, and impacting spirituality. To start, the emotional and physical effects of death on a family are many and varied. The potential negative effects of grief can be significant. For illustration, research shows that 40% of bereaved people will suffer from some form of anxiety disorder in the first year after the death of a loved one, and there can even be up to a 70% increase in death risk of the surviving spouse within the first six months after the death of their spouse.[1] Overall, understanding the myriad of physical and emotional reactionsÃâà is essential. Commonly, those grieving within a family often feel like theyre[K3] going crazy as the emotions of loss are so great and ebb and flow constantly. Bozarth in her book, A Journey Through Grief: Gentle, Specific Help to Get You Through the Most Difficult Stages of Grief writes, while you are grieving, your emotional life may be unpredictable and unstable. You may feel that there are gaps in your remembered experienceà ¢Ã¢â ¬Ã ¦. You may alternate between depression and euphoria, between wailing rage and passive resignation. If youve experienced loss and are hurting, its reasonable that your responses will be unreasonable.[2] Furthermore[K4], one huge side effect that families face in grief is exhaustion. Research has noted that the griever may even feel as though they have the flu since the exhaustion is so deep. Additionally, families face days of distraction. When a family goes through a loss they often lose the most basic life skills[K5], such as organization or accomplishment at least for a while. It must be noted that grief has no schedule. It comes in waves, waves none the less[K6]. When grief covers, a family it takes over emotionally and physically with a variety of symptoms such as: sleep difficulties, poor appetite or overeating, shakiness or trembling, listlessness, disorientation, migraines or headaches, dizziness, dry mouth, crying, numbness, shortness of breath, and exhaustion. Some individuals often withdraw from society and people for a while as many emotions surface. Often experiences, or people that once evoked joy evoke nothing at all, activities once enjoyed seem far-off[K7]. While some members of the family turn to impulsive living. The first year can involve a lot of unnecessary risks. Further, grief can make everything feel surreal[K8], as if reality is just a terrible dream. Everything becomes a blur as the idea of time vanishes. Days are measured by: one day after they died, two days after they diedall standard concepts fade away[K9].[ 3] Helen Fitzgerald, the writer of, the Mourning Handbook writes, During this initial period of grief, you will feel a numbness and a disassociation with the world around you. People who are going through this often tell me that they feel as if they are watching a play in which they are but spectators. [4][K10] Secondly, another huge area that can affect families as they grieve is spirituality. There are many spiritual effects and struggles within a family after facing a death. To start, people vary in their response to death as they differ in how they cope with stress in general. Some people experience a very positive religious[K11] coping[K12] a conceptualization by Pargament, Smith, Koenig, and Perez. They articulate it as such, an expression of a sense of spirituality, a secure relationship with God, a belief that there is meaning to be found in life, and a sense of spiritual connectedness with others. Yet[K13] on the other side of things there can be negative coping which the same individuals describe it as, spiritual discontent, punishing God reappraisals, interpersonal religious discontent, demonic reappraisals (attributing the event to the work of the devil), and reappraisals of Gods power. Religious[K14] coping can help or not help when adapting to loss, it varies between individua ls. The positive side of things could be that the griever finds meaning in the loss and surrenders the feelings of being out of control, learning to depend on Gods comfort presence, and the fellowship of other believers while grieving. This can lead to a grievers transformation and hope in the midst of deep pain. It has even been proven that spiritual coping has helped with chronic illness. The four core dimensions of spiritual[K15] needs are connection, peace, meaning/purpose, and transcendence, which help recovery for ill people as well as when coping with a death in the family. Also, when a mourner has a spiritual community around this can help with bereavement outcomes. Yet[K16], as much as a spirituality can be a source of strength it can also be a source of strain. A two-year longitudinal study was done on a crisis of faith. In elderly patients[K17], those who had a crisis of faith were much closer to death[K18], even when all other variables were controlled. Spirituality is n ot always helpful in terms of adjusting to losses. Even more so, loss can sometimes foster spiritual distress this is seen in things like anger towards God, or an inability to believe in the sovereignty of God, especially when the death is gruesome. These things are bad[K19], but if one does not move from these mindsets, it will destroy them spirituality. Those who have suffered terrible violence[K20], such as a death through homicide, they are much more likely to have extreme unrelenting anger towards God. This can lead to a very sad and tainted view of God of [K21]the griever never moves from this. For some people begin to believe that God has arranged the death of their loved one. Although, spiritual distress in grief is found worse for those with complicated grief. An example of negative spiritual coping shows up in a young boys distressed response, I dont really care now about sinning It doesnt matter to me as much since (my brothers death). I guess it is my way of getting back at God. All in all, we cannot ignore the link between crisis of faith and overall poor grief outcomes.[5] Another huge reality that families face in losing a loved one within the family is the shifting of the family system and its dynamics.The loss of someone within the family unit creates a structural void that requires adjustment. Norna Bowlby-West the author of a helpful article on the journey of family therapy called, the Impact of Death on the Family System suggests that family member may be stuck in one of these three phases of grieving, which contributes to the homeostatic utilization of one or more of these adjustments. When the common homeostatic adjustments of the family system shift often the individuals have no awareness of this change and are often like victims in the process of adjustment. The change can destroy existing relationships and personal effectiveness. An example of this is when a sibling tries to become a parent to their sibling to which they have both lost a parent. West in her article goes over twelve common hemostatic adjustments that can take place within a f amily. First is the anniversary reactions which can be things like: anniversary of death date, their birthday, date of marriage, or traditional holidays (Christmas, Thanksgiving). These times are stressful and can sometimes reinforce unresolved if grief work in the family has not occurred. For example, if a baby brother died on another brothers birthday, leaving the one brother an only child, from[K22] then on that child may never view a birthday as a celebratory thing and only feel depressed on that day. In this case, the effect on the sibling who was left an only child, was lack of self- esteem and the withdrawal of parental affection and attention. The family structure was maintained, as though the dead child was still present physically. Another adjustment is displacement of feelings which can be a mix of: bottled up grief, projections of anger on doctors, nurses, hospitals, care givers, or family members, projection of guilt (may feel need to punish oneself or others), helpless ness, paranoia, or feelings of shame or embarrassment especially with suicide. The scape goat in the family often is found with displaced feelings. Another adjustment is enmeshment which can be: the fear of more loss-overprotective behaviour[K23], increased closeness- tightening of family boundary, expectation that other family members are experiencing the same grief, lack of privacy/space. For example, if a child within the family committed suicide the parents might cope by not letting their kids be alone ever[K24]. When a family member dies, there is an unspoken tightening of the family boundary and in an increased dependency on those whoare left to fill the void. Another adjustment is family secrets some examples of this are: intentionally not talking about the death, not expressing emotions/pain, seeing the death as a punishment for past sin, or experiencing a deep sense of failure when the subject[K25] is mentioned (not living up the legacy of the person who has passed). Anothe r adjustment is the reality of generation gap[K26], for example: extended family (ex. Grandparents[K27]) may need to grieve more openly, or bereaved spouse or parent may not be able to get support from other generation, or over parenting can cause more harm, or one grieving may need more nurturing. For example, the death of a child usually entangles the extended family of at least three generations who might all need different things. Additionally, another element to adjustment and the shift of roles is seen in idealization. For example, if a member is unable to let go of attachment the person who has passed and puts them on a pedestal. Further, siblings may feel like they have to compete with the idealized image of the sibling who has passed on. This can cause kids to always feel like they need to fight for their parents approval. Another example of this would be that a dead husband or wife is idealized to the point were no other relationship is able to compete which can leave the individual always stuck in the past. Evermore so, sometimes ones personal identity becomes frozen in the strong attachment to the dead person and they try to let nothing of their new normal change. This can be seen in someone not being willing to get rid of the deceased belongings or not allowing for any change. Some parents as a way of coping with losing a child are much stricter on their remaining kids. This can lead some parents to reinforce infantile behaviour[K28] and prevent their kids from risk taking and such. This stress of infantile behaviour[K29] often takes place because the parents fear their surviving children may hurt themselves and in tail overprotect them[K30]. Another element of [K31] adjustment is some grievers face obsessive paranoia. They may focus on death, reliving experience and always dwelling on the negative experiences. This also includes a strong fear about death that is projected onto others. This can also involve high expectations, self-destructive thoughts, and self-punishing. For those who face this, the focusing on death this prevents the griever from normal communication. The fear of death and response to that fear can become a homeostatic device of the family. Obsessive paranoia if serious enough has led to many cases of suicide or violence. When grieving sometimes family members try to replace the missing person which really affects[K32] the family structure. Some parents may adopt, re-marry, or get pregnant. But replacement can sometimes only damage the replacement as the aborted grief still remains. To end, there is still a lot more to say about the ways families shift in structure in grief[K33], but this at least scratches some of surface.[6] To conclude, as seen grief is multifaceted, and complex. Grief affects every part of a being emotionally, physically and spirituality, and as each individual is effected a whole family dynamic is affected. Bibliography Bozarth, Alla Renee. 1st ed. Hazelden Publishing, 1994[K35]. Bowlby-West, Lorna. The Impact Of Death On The Family System. Journal of Family Therapy 5, no. 3 (1983): 279-294. Burke, Laurie, and Robert Neimeyer. Spiritual Distress In Bereavement: Evolution Of A Research Program. Religions 5, no. 4 (2014): 1087-1115. http://www.mdpi.com/journal/religions. Fitzgerald, Helen. The Mourning Handbook. 1st ed. New York: Simon Schuster, 1995. Roxanne Dryden-Edwards, MD. Grief: Loss Of A Loved One Symptoms, Treatment, Causes What Is Mourning? Medicinenet. Medicinenet. Last modified 2017. Accessed March 13, 2017. http://www.medicinenet.com/loss_grief_and_bereavement/page2.htm. The Physical And Emotional Effects Of Grief. Funeralplan.Com. Last modified 2017. Accessed March 15, 2017. http://www.funeralplan.com/griefsupport/griefsteps.html. [1] MD Roxanne Dryden-Edwards, Grief: Loss Of A Loved One Symptoms, Treatment, Causes What Is Mourning? Medicinenet, Medicinenet, last modified 2017, accessed March 13, 2017, http://www.medicinenet.com/loss_grief_and_bereavement/page2.htm. [2] Alla Renee Bozarth, 1st ed. (Hazelden Publishing, 1994). [3] The Physical And Emotional Effects Of Grief, Funeralplan.Com, last modified 2017, accessed March 15, 2017, http://www.funeralplan.com/griefsupport/griefsteps.html. [4] Helen Fitzgerald, The Mourning Handbook, 1st ed. (New York: Simon Schuster, 1995). [5] Laurie Burke and Robert Neimeyer, Spiritual Distress In Bereavement: Evolution Of A Research Program, Religions 5, no. 4 (2014): 1087-1115, http://www.mdpi.com/journal/religions. [6] Lorna Bowlby-West, The Impact Of Death On The Family System, Journal of Family Therapy 5, no. 3 (1983): 279-294. [K1]Who is Fumia?Ãâà Where does this quote come from no referencing. [K2]Is this still part of the first quoteÃâà Appears to come from this site but not referenced http://www.focusonthefamily.com/lifechallenges/emotional-health/coping-with-death-and-grief/understanding-the-grieving-processÃâà Fumia says it well. When it comes to grieving the death of a loved one, there are no linear patterns, no normal reactions, no formulas to follow. The word grief is derived from the French word grà ¨ve, meaning a heavy burden. Indeed, the physical, emotional, psychological and spiritual implications can be overwhelming. [K3]Avoid contractions in formal writing [K4]Quote appears to come from a website rather than the book itself since the breaks in the quote are identical. http://www.funeralplan.com/griefsupport/griefsteps.html.Ãâà Should quote this as the source then. You have it listed as a source in the Bibliography but do not refer to it here so that is improper. [K5]comma [K6]poor sentence [K7]poor sentence [K8]comma [K9]this quote is also found on this site: http://www.funeralplan.com/griefsupport/griefsteps.html. [K10]And this one: http://www.funeralplan.com/griefsupport/griefsteps.html. [K11]Sentence is fragmented [K12]Verb confusion [K13]Where did you find this quote No footnote. [K14]Another quote with no footnote.Ãâà Oxford textbook of spirituality in healthcare [K15]Seems like this would need a reference as well. Very specific, not common knowledge [K16]comma [K17]comma [K18]comma [K19]comma [K20]comma [K21]awkward [K22]makes it a complete sentence [K23]spelling [K24]this example came from the article needs referencing [K25]added the [K26]comma [K27]capital letter needed [K28]spelling [K29]spelling [K30]Is there supporting material that can be referenced to back this up? [K31]word use [K32]word use [K33]comma [K34]word use [K35]Missing title of Book
Friday, January 17, 2020
Definition of Child Development
A definition of child development Child development is another way of saying how children develop through different stages or how children grow and learn. It also refers to the biological and psychological changes that occur in human beings between start and the end of adolescence. The developmental areas are physical, emotional, social, educational and cognitive. The ideal development of children is considered vital to society and it is important to understand these areas. These areas are connected to one another. As a child grows in one domain, this will effect and is then influenced by another domain of development.These domains are important in development because they focus on the whole child. New theories and methods have been found due to research in this area, with specific regard to teaching that promotes development in the schools. Also there are some theories that aim to describe a sequence of different states that make child development. Explanation and example of holisti c development Holistic development is an individualââ¬â¢s development in the following areas; intellectual, emotional, social, physical, artistic, creative and religious values and feelings. It is the development of the entire brain's thoughts and feelings.To become a tennis player you need to develop Physical ââ¬â motor skills, general co-ordination, moving around the tennis court, hand eye co-ordination, hitting the tennis ball with the tennis racket Cognitive/intellectual ââ¬â thinking the game, having a game plan, Emotion ââ¬â self-esteem and self ââ¬â expression some tennis players are quite where some are loud, handling negative moments when losing a match Communication ââ¬â explaining how youââ¬â¢re playing, reasons for doing good and not so well, Behavioural and moral skills ââ¬â taking turns in training, co-operating with others, social skills, having fun while playing, team work when playing doubles.General pattern The pattern of development C hildrenââ¬â¢s development follows a pattern: From head to toe Development progresses downwards. Physical control and co-ordination begins with a childââ¬â¢s head and develops down the body through the arms, hands and back, and finally to the legs and feet From inner to outer Development progresses from actions nearer the body to more complex ones further from the body. For example, children can co-ordinate their arms, using gross motor skills to reach for an object, before they have learned the fine motor skills necessary to use their fingers to pick it up. During puberty there is another growth spurt; this time the growth starts at the outside of the body and works inwards. Hands and feet expand first; the shin bones lengthen before the thigh, and the forearm before the upper arm; finally, the spine grows). From simple to complex Development progresses from simple actions to more complex ones. For example, children stand before they can walk, and walk before they can skip or hop. From general to specific Development progresses from general responses to specific ones.For example, a young baby shows pleasure by a massive general response ââ¬â the eyes widen, and the legs and arms move vigorously While an older child shows pleasure by smiling or using appropriate words or gestures. The several aspects of development are intricately linked: each affects and is affected by the others. For example, once children have reached the stage of emotional development at which they feel secure when apart from their main carer, they will have access to a much wider range of relationships, experiences and opportunities for learning.Similarly, when children can use language effectively, they will have more opportunities for social contact. If one aspect is vulnerable or neglected in some way, children will be challenged in reaching their full potential. Areas of development page 2 The areas of development described in this book are these: Physical development Physica l development is the way in which the body increases in skill and becomes more complex in its performance. There are two main areas: Gross motor skills: These use the large muscles in the body, and include walking, running, climbing and the like.Fine motor skills: These include gross skills and fine skills. â⬠¢ Gross manipulative skills involve single limb movements, usually of the arm, for example throwing, catching and making sweeping arm movements. â⬠¢ Fine manipulative skills involve precise use of the hands and fingers, for example pointing, drawing, using a knife and fork or chopsticks, writing or doing up shoelaces. Sensory development Physical development also includes sensory development. Sensation is the process by which we receive information through the senses: vision hearing smell ouch taste proprioception. Proprioception is the sense that tells people where the mobile parts of their body, such as the arms and legs, are in relation to the rest of the body. Cogni tive and language development Cognitive or intellectual development is development of the mind ââ¬â the part of the brain that is used for recognising, reasoning, knowing and understanding. Perception involves people making sense of what they see, hear, touch, smell and taste. Perception is affected by previous experience and knowledge, and by the personââ¬â¢s emotional state at the time.Language development Language development is the development of communication skills. These include skills in: receptive speech ââ¬â what a person understands expressive speech ââ¬â the words the person produces articulation ââ¬â the personââ¬â¢s actual pronunciation of words. Emotional and social development Emotional development Emotional development involves the development of feelings: the growth of feelings about, and awareness of, oneself the development of feelings towards other people the development of self-esteem and a self-concept. Social developmentSocial developmen t includes the growth of the childââ¬â¢s relationships with other people. Socialisation is the process of learning the skills and attitudes that enable the child to live easily with other members of the community. Moral and spiritual development Moral and spiritual development consists of a developing awareness of how to relate to others ethically, morally and humanely. It involves understanding values such as honesty and respect, and acquiring concepts such as right and wrong and responsibility for the consequences of oneââ¬â¢s actions.
Thursday, January 9, 2020
Essay on The Rauschenberg Art Piece - 915 Words
At the San Francisco Museum of Modern Art, the Rauschenberg art piece was definitely one form of art I once did not consider to be art. The artwork is not exactly a painting to me but certainly an illustration of something that is connected to real day to day objects. It was created by the artist Robert Rauschenberg in 1954. It is oil on canvas painting which is eighty by ninety six in size and the materials used are oil, paper, fabric and metal which are all on wood. It looks quite messy, with materials like newspapers, cut out fabrics, the colorsââ¬â¢ drips and how they are splashed around. The image doesnââ¬â¢t look attractive but it sure does attract different ideas from the viewers on what the image itself is trying to portray. Inâ⬠¦show more contentâ⬠¦The main medium used in the painting is the fabric material and discarded newspapers, which in my opinion is great because I think this artist wanted to do something very different from the other artists which draws other attractions. I think this artist sticks to his overall concept of chaotic design and doesnââ¬â¢t apply much composition cause of his material choices like newspapers and fabrics. If I was Rauschenberg, and wanted to stick conceptual on my artworks, I would change nothing except the color scheme to make it look more complex and interesting for the viewer to feed their eyes on for a while before they could see the imagery behind the chaotic placement of objects in the piece. But then again, it all depends on the context of the piece Iââ¬â¢m working on. The painting is very much in an art style that is somewhat unique to just the painting aspect of it. I think the art piece is about looking at divisions as one. In other words, separated visuals could lead to one perspective. The objects in the visual tell us a lot about the artist, heââ¬â¢s more into perspectives that concern day to day things we do, for example the pillows present the idea of rest, rocks and mountains s howing adventure, the newspapers connects with what goes on around us. The artist Rauschenberg in my view keeps to his emphasis on his style of art; by sprinkling the paintShow MoreRelatedRobert Rauschenberg And John Cage1388 Words à |à 6 Pageslabor they gradually replace the important role of human in the process of making and change the ways people live, started the fast pace, high speed of modern lifestyle. Modern art approached with a number of painter, sculptures, poets who individually or collectively to redefine through around this century. The new art forms are creative worldââ¬â¢s response to the perspective of the new lives and ideas provided by the industrialized and technological advances that results modern society to evolveRead MoreA Study Of Rauschenberg s Erased De Kooning Drawing1416 Words à |à 6 PagesKooning Drawing In 1953, Robert Rauschenberg had the idea of adding drawing to his All White Series. However, drawing on these paintings, or anywhere, would defeat the purpose of this series, and so he came to the conclusion that the only way he could achieve this would be through erasure. He began experimenting with his own drawings, but still being a young artist it he didnââ¬â¢t think it would be considered art. For his idea to work, he thought, it had to be art that he erased. Having admirationRead MoreRelationship between Art and Technology in 1960s1670 Words à |à 7 Pagesadmiration to fearful pessimism. However, by the end of the 1960s technology became closely associated with the American war effort. The negativity that developed in response resulted in the technological work of artists such as Jean Tinguely and Robert Rauschenberg being pushed aside in favour of Conceptualism. Jean Tinguelyââ¬â¢s Homage to New York (1960) and Robert Rauschenbergââ¬â¢s Soundings (1968) will b e used to explore how these particular artists responded to the rising technology, and the extent to whichRead MoreAutumn Rhythm, By Robert Rauschenberg, And Marilyn Diptych1243 Words à |à 5 Pagesfrom the ideas of Surrealism about art that looks to examining the unconscious mind, and the feelings people hold that makes us all humans. Through the discussion of Autumn Rhythm (Number 30) by Jackson Pollock, I will define Abstract Expression and why this work is part of this movement. Then, through the discussion of Canyon by Robert Rauschenberg, Target with Plaster Casts by Jasper Johns, and Marilyn Diptych by Andy Warhol, I will explain Assemblage and Pop Art and why each of these works belongRead MoreA Range Of Artists And Their Works2006 Words à |à 9 Pagesââ¬Å"Artists who innovate and challenge existing conventions have an effect on the artworld as profound as an earthquake- they change the shape as of the art landscapeâ⬠. Evaluate this statement with reference to a range of artists and their works. An earthquake is a ground shaking movement initiated by a sudden movement of rock in the Earthââ¬â¢s crust. These movements occur along faults, which are thin zones of crushed rock dividing blocks of crust. They are caused by stress that builds up over time asRead More Appropriation of Images in Art Essay717 Words à |à 3 Pages The appropriation of images in art is a phenomenon new to the twentieth century. Found objects, contemporary images, and images from the past are all appropriated by artists and used in their work. Three twentieth century artists, Marcel Duchamp, Andy Warhol and Robert Rauschenburg are all very influential and appropriators. Although these artists appropriated many different images for many different reasons there is one image that they all have in common, the Mona Lisa. Each of these artistsRead MoreThe Pop Art Movement Essay1303 Words à |à 6 PagesThe Pop Art Movement Pop art got its name from Lawrence Alloway, who was a British art critic in 1950ââ¬â¢s. The name ââ¬Å"Pop Artâ⬠reflected on the ââ¬Å"familiar imagery of the contemporary urban environmentâ⬠(kleiner, 981). This art form was popular for its bold and simple looks plus its bright and vibrant colors. An example of this type of art is the oil painting done by Andy Warhol, ââ¬Å"Marilyn Diptychâ⬠(Warhol, Marilyn Diptych) in 1962. The Pop art movement became known in the mid-1950 and continued asRead MoreTechnology And Its Impact On Art1388 Words à |à 6 Pagessociety, technology and art go hand in hand. Art has been around for a long time but technology such as computers are still very new. These two mediums have comingled and now evolve and effect the other. Art has changed to reflect the vast improvements technology has contributed to communication and the ability to create using digital space. Technology has also changed with artist pushing the boundaries o f what is technical possible in the digital realm. Much of todayââ¬â¢s art is created and presentedRead MoreElisabeth Condonââ¬â¢s Nocturne vs. Vincent van Goghââ¬â¢s The Starry Night1393 Words à |à 6 Pages Similarity in theme and color first drew me to select Elisabeth Condonââ¬â¢s Nocturne (Bob Rauschenberg Gallery) and Vincent van Goghââ¬â¢s The Starry Night (Frank 348) for this research paper. Initially I wanted to pick two pieces that were different enough in order to form a decent comparison and yet alike enough to connect them in some way. In the art gallery, Nocturne gave me a feeling similar to the one I experienced when I first saw The Starry Night; there was something otherworldly and mysticalRead MoreThe Art Institute Of Chicago1741 Words à |à 7 PagesNext time you are walking through the Art Institute of Chicago I would highly recommend a visit to the Gift of Edlis|Neeson Collection, located on the second floor, gallery 292A. Here you will find a tantalizing array of modern day contemporary art that delivers a sensory overload wherever you turn. Nestled in between the copiousness of talent you will find three offerings from a prominent living contemporary artist called Jasper Johns titled Alphabet (1959), Figure 4 (1959), and Target (1961).
Wednesday, January 1, 2020
Subprime Lenders And The Financial Crisis - 865 Words
Subprime loans are ethical tools which were wildly misused during the time leading up to the financial crisis in 2008-2009. Subprime lending targeted borrowers who would typically not qualify for standard loans for various reasons. These included low credit scores, low income, and history of late payments. The loans were offered at a rate higher than the market rate due to the increased risks of the borrowers. Many of the clients Countrywide supported were much less likely to be able to pay off their loans compared to traditional borrowers. In the years leading up to the financial crisis, the real estate industry was flourishing which encouraged even clients who could not afford fancy houses to use subprime loans to finance their homes.â⬠¦show more contentâ⬠¦Inflation of real estate appraisals also added to more reckless lending. Each of these factors contributed to the plethora of homeowners who could not afford their houses and pay their mortgages. If the idea of subprime l ending had remained pure, this financial tool could have helped many people change their lives for the better. However, businesses were careless and greedy enough to lend to increasingly risky clients, which ended up harming their businesses, their clients, and eventually the entire economy. During the early 2000s, when subprime lending reached its peak, Countrywide was extensively involved in risky transactions. To ensure that the company continued to grow and increase its profits, many ethical boundaries were tested. Incentives were offered to salespeople who were rewarded for taking risks. Subprime loans were given to clients who could not afford the loans and conversely those who qualified for traditional loans. Appraisers exaggerated housing values to reassure lending. Liar loans were one of the biggest areas of ethical concern when Countrywide was investigated in the late 2000s. These specific mortgages were given to clients who were not asked to provide proof of their indicated income. Borrowers would overstate their income in order to attain liar loans, possibly with the help of Countrywide personnel. These loans were handed out for the purpose of generating easy, short-term profits through increased fees and high interest
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