youknowregular106 asked: Banks like Citigroup, AIG, Freddie Mac, Fannie Mae who got bailed out. Are they guarantee to never go bankrupt or go out of business at least in the near future? So would it be good in invest in them in the long run?
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youknowregular106 asked: Banks like Citigroup, AIG, Freddie Mac, Fannie Mae who got bailed out. Are they guarantee to never go bankrupt or go out of business at least in the near future? So would it be good in invest in them in the long run? A jumbo mortgages is a home loan that exceeds the limits set by FannieMae and Freddie Mac.How are jumbo loans different?What differentiates jumbo mortgage loans is the loan amount. At present, loan amounts that are higher than $417,000 are usually deemed jumbo mortgages. This determination is made by comparing industry standards for average housing loans [...] Rich P asked: How do CMO’s differ from any other mortgage-backed bundles? I know fannie mae finances primarily by selling the latter, so what is the benefit in CMO’s in comparison to them? |
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