Assignment Instructions/ Description
You are a business analyst working in the mortgage banking industry. Your manager asked you to analyze staffing needs for the Foreclosure Department. The manager requested a detailed report because she is not familiar with statistics and computations needed to make conclusions. Hence, your report must be written in a descriptive manner that defines and explains key concepts, categories, and processes rather than just presenting math calculation. You should explain each concept, discuss advantages and disadvantages, and justify your recommendations. The expectation is that the report is an MS Word document that is 5 pages long. The following is what the manager gave you:
At the beginning of this year, the portfolio included 100,000 loans in various stages of the foreclosure process.In the last 4 months, there has been a significant increase in the portfolio, as presented in the following table:Month
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