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Privately owned companies generally offer better student loans than the federal government?
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∙ 12y ago
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Wiki User
∙ 12y ago
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Is bank America federal funded?
You mean Bank of America? No, it a privately held corporation, although they did get bailout money in 2009 (not sure if that's what you meant by "federal[ly] funded"). The only bank operated by the government is the Federal Reserve.
Is Federal bank is nationlished bank?
No. Federal Bank is not a nationalized bank. It is not owned by the government of India. It is a privately held company headquartered in Kochi, Kerala. Mr. Shyam Srinivasan is the Managing Director and CEO of Federal Bank. It is more than 700 branches in India.
Privately owned comapnies generally offer better stufdent loans than the federal government?
In the USA, all Federally Guaranteed student loans have the same interest rate and same benefits. It does not matter if you get the loans from a private bank or directly from the government. Private student loans differ in interest rate and benefits for each bank. Federal Student loans have lower interest rates and better benefits than private student loans.
What are the types of federal mortgage loans?
Not sure what you mean by "federal mortgage loans," but two possibilities are: Veterans Administration (VA) loans that are made by local lenders/mortgage companies and guaranteed by the federal government; and Federal Housing Administration (FHA) loans that are made by local lenders/mortgage companies and insured by the federal government. Also, the USDA offers subsidized loans to farmers and low-income homeowners in rural areas. Other possibilities are Federal National Mortgage Association (FannieMae) and Federal Home Loan Mortgage Corporation (FreddieMac). They are considered Government-sponsored Enterprises. They purchase mortgage loans that are made by local lenders/mortgage companies.
Differences private sector and public sector?
Private Sector are generally small business organizations run by private individuals or groups (not shareholders) and are not listed in the Stock Exchange. Private companies are also unregulated by a federal authority. The Public Sector are companies owned by shareholders and available for public purchase through the stock exchange. Public companies are regulated by a federal exchange commission, but are available for purchase by foreign investors - such as China's current shares in GM. For instance; A public company can become private by having ALL shares in its Stock Exchange purchased by an individual, a small group of investors, or another company that is privately held.
Are railroad workers federal employees?
No, railroad workers work for private or publically traded companies such as BNSF, CSX, or Union Pacific.
Is the federal government allowed to coin money?
Yes, the federal government is the only entity that has the authority to print US currency. They have given the power to the Federal Reserve Bank, which is not a part of the federal government, but a privately held bank.
Are psychic readers regulated at all by the federal government?
Psychic readers are not regulated by the federal government. Most psychic busniesses are considered freelance and privately run within their home.
What federal government organization was used to regulate railroads telephone and telegraph companies?
Interstate Commerce Commission was formed by the federal government to regulate railroad, telephone, and telegraph companies.
The power to coin money belongs to whom?
The federal Reserve which ironically is privately ran and in no way part of the government
What percentage of property in California is privately owned?
Approximately 75% of land in California is privately owned, with the remaining 25% consisting of public land owned by the state or federal government.
What is a federal contract?
Generally speaking, a contract with the federal government or some agency of the federal government.
To whom is the federal debt owed to?
The Federal Government owes 790 billion to the Federal Reserve Bank. The Federal Reserve Bank is Privately owned. See the question See the YouTube Link below. Federal means government--so the debt will be paid to them. It will just depend on which area of the government--student loans, IRS etc.
Who governs mortgages?
Banks and loan companies. The federal government has laws.
How did the federal government aid in the building of the transcotinental railroad?
By providing free grants of federal land to the railroad companies. :)
What is the name of the queen's representative in the federal government?
Generally, this is the Governor General.
Is it generally agreed that the new deal expanded the role of the federal government?
Yes, it is generally agreed that the new deal expanded the role of the federal goverment
