Ans Sallie Mae
Nicknames for an agency associated with the mortgage markets include Fannie Mae, Freddie Max, Ginnie Mae.
Mortgage Markets is the market where borrowers can borrow mortgage loans from primary lenders.
Which of the following is not a nickname for an agency associated with the mortgage markets?...
Which of the following is not a major warehousing agency in the secondary mortgage market? Ginnie Mae Fannie Mae Robbie Mac Freddie Mac Jamie bought a tax certificate for $3,200. What did Jamie actually purchase? Immediate legal title to the foreclosed property Nothing, Jamie simply paid for another person's taxes for nothing in return Legal title to the property if the homeowner does not pay her back within 3 years The right to apply for the property's deed by agreeing...
Which of the following is an example of an organization that assigns ratings e.g., "AAA" to securities? The Fed Standard and Poor's Fannie Mae The Securities and Exchange Commission Which of the following is an example of a government sponsored enterprise specializing in mortgage loans? Fannie Mae Freddie Mac The Fed Both a and b, but not c
Which of the following is a reason why the subprime mortgage market expanded significantly over the period 2001-2007? A. Population demographics changed and there were fewer prime borrowers. B. The recession of 2001 resulted in a general decline in credit-worthiness of the population. C. Subprime loan issuers earned large profits making loans and selling them to be packaged into CDOs. D. Fannie Mae and Freddie Mac entered conservatorship the government and private companies began issuing mortgage-backed securities. E. all of...
The Federal Debt Reduction Commission recently recommended that both mortgage-related subsidies and tax breaks from the federal agencies that help middle- and lower-income families buy homes be scaled back or eliminated. The Obama administration has proposed taking the latter step, eliminating Fannie Mae and Freddie Mac but doing nothing about the incentives and tax breaks that benefit wealthier taxpayers (Morgenson, 2011a; Wagner & Kravitz, 2011). Is their proposal ethical? Why or why not? This question from "Ethical Dilemmas in the...
In the US, 30-year fixed rate mortgages with low prepayment penalties are common, which is not the case in many other countries. This is partially due to the US government involvement with firms like Fannie Mae and Freddie Mac. Why might the private sector not provide this product? Is it a good thing that the government is intervening in the way that it is?
6) a) A mortgage (loan for buying a house) is an ordinary annuity. With a standard 30-year fixed rate loan, the money is borrowed today and paid back monthly for 30 years in a constant amount. In Yolo County the maximum conforming loan amount is $552,000. A conforming loan meets conditions set by government sponsored entities (GSE) called Fannie Mae and Freddie Mac in the US. Conforming loans usually get a lower interest rate because the bank can sell them...
6) A mortgage (loan for buying a house) is an ordinary annuity. With a standard 30-year fixed rate loan, the money is borrowed today and paid back monthly for 30 years in a constant amount. In Yolo County the maximum conforming loan amount is $552,000. A conforming loan meets conditions set by government sponsored entities (GSE) called Fannie Mae and Freddie Mac in the US. Conforming loans usually get a lower interest rate because the bank can sell them easily...
Read through the ethical situation. For the Original Post*, you will answer the following questions: Is it ethical for the courts to award such enormous amounts of money in whistleblowing cases? Do you believe that justice was done in the Bank of America case? Explain. Would you change the decision in the case? Explain. Is whistleblowing, in general, an ethical practice or does it encourage betrayal and entrapment? Explain. Whistleblower vindication is still very much a part of the American...
QUESTION 18 Match the different types of fixed income securities - Commercial Paper - TIPS A Short-term collateralized lending where the borrower offers financial securities as collateral and agrees to buy those securities back at a slightly greater value than the amount borrowed in (typically a few days. 3. Loans from one financial institution to another using money that is on deposit at a Federal Reserve Bank. - Repo or Repurchase Agreement • Bankers Acceptance - Revenue Bond . General...
Say economy is in inflation and financial markets are showing bullish trend. What should be the primary policy to counter such inflation? Which agency is responsible? and What is the tool used to control such inflation? Multiple Choice Congressional policy, SEC, and Lending/Borrowing Rates Interstate policy, Federal Reserve Bank, and Mortgage Rates Fiscal policy, Dept. of Commerce, and Spending stimulus Bill Monetary policy, Federal Reserve Bank, and Interest Rates Banking policy, Dept. of Treasury, and Tax Plan