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Mortgage Professor about gnma securities: 
Pros and Cons of Using Securities as Down Payment
June 7, 1999 "I can either put 20% down to avoid mortgage insurance, or I can invest the 20% in stock held by my broker, who would then finance 100% of the value of the house with no mortgage insurance. Assuming the rate and points are the same, is the broker plan a ... more...

Do Secondary Mortgage Markets Help Borrowers?
October 7, 1999, revised April 2, 2003 "In a recent column you said that there was no serious downside to borrowers from having their loans sold, but you didn't point to any upside to the practice, either?Don't loan sales raise costs, ... more...

gnma securities related definitions

Ginnie Mae, Government National Mortgage Association, GNMA
Ginnie Mae, Government National Mortgage Association, GNMA GNMA or "Ginnie Mae," is an agency within the U.S. Department of Housing and Urban Development. A government-owned agency, it buys mortgages from lending institutions and pools them to form securities, which it ... more...

Mortgage Baked Securities, MBS
Mortgage Baked Securities, MBS Mortgage-backed securities (MBS) are bond or other financial obligation secured by a pool of mortgage loans. Mortgage loans are purchased from banks, mortgage companies, and other originators and then assembled into pools by purchasing entity. ... more...

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Get Free gnma securities Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Lawsuit Loans - Caveat Emptor!
If you have been injured in an accident it is quite likely that you have been financially stressed as a result, and are in need of an advance against your insurance claim, lawsuit or other legal action. If you are looking for someone to lend you money based on your future settlement, BEWARE! There ... more...

How To Prepare A Business Plan That Guarantees Big Profits
It is always said "If you Fail to Plan, you Plan to Fail" Success in business comes as a result of planning. You have to have a detailed, written plan that shows what the ultimate goal is, the reason for the goal, and each milestone that must be passed in order to reach your goal. A business plan ... more...

Mortgage Glossary - A Glossary of Mortgage Terms You Should Know
Acceleration Clause A clause in a mortgage defining that the entire outstanding balance can become due and payable should mortgage default occur. If the entire balance is not paid, the property will be foreclosed.Adjustable Rate Mortgage (ARM) Mortgage with interest rates that may be adjusted by ... more...

Series 65 Exam
People wishing to enter the financial advising business can obtain a license before looking for a job. One of those tests is the Series 65 Exam and the license it gives you is the Registered Investment Advisor designation.The exam itself is a 130 question multiple choice test. Contrary to what some ... more...

Going Bankrupt in the World
It all starts by defaulting on an obligation: Money owed to creditors or to suppliers is not paid on time, interest payments due on bank loans or on corporate bonds issued to the public are withheld. It may be a temporary problem - or a permanent one.As time goes by, the creditors gear up and ... more...

Reverse Merger: Have They Taken the Reverse out of Reverse Merger?
Are the promoters and consultants destroying the market for Reverse Merger? First lets take a look at reverse merger. In a Reverse Merger, an operating private company merges with a public company that has little or no assets, nor know liabilities (the shell).In some rare instances, the shell may ... more...

Wall Street to Main Street: News, Views and Commentary: April 5, 2006
Its Wednesday April 5, 2006, the first quarter of the year has ended and institutions have been shifting their funds around because its that time of the year. Some of the big movers are in the financial industry such as Goldman Sachs (NYSE: GS), since January of this year the stock has made ... more...

The Greatest Stedilnica Crisis in History
A crisis the size of the TAT crisis, is, inevitably, political. It involves thousands of citizens, many decision makers from every walk of life and the very economic and financial fabric of the country.But, the TAT crisis pales in comparison with other, similar, crises in other countries in the ... more...

Out of Credit Card Debt - Without Filing Bankruptcy
To be out of credit card debt is your dream and youre tired of the redundant advice to live within your means. Look no further.Most people that give advice about how to get out of debt, have absolutely no clue why things are the way they are. None of them have ever looked to the source of the ... more...

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