0
Frequency Modulation. It is the method of propagating the electromagnetic wave.
Wiki User
∙ 15y ago
Wiki User
∙ 15y agoFlexible Manufacture Systems (FMS) In aviation, FMS stand for Flight Management System.
Add your answer:
Earn +20 pts
Who is Bruce Dilis?
FORMER DJ OF YES-FM & STAR FM NOW INTO AD BUSINESS AND NEW MEDIA PROMOTIONS
New composite risk management manual?
Fm 100-14
How does Fannie Mae make money?
I don't know exactly, but through the information that I obtained and my understanding I think it goes as follows: There are five players in the transaction: 1) borrower (home buyer) 2) lender ( let's say local bank) 3) Fannie Mae 4) Government 5) Investor ( say insurance company) - borrower buys a house and borrows money from the local bank at say 6.25% (your average low interest rate) - Fannie Mae buys this loan from the bank and pays the bank .25% servicing fee for the life of the loan. So bank collects the money from the borrower, remits the payments to the FM. So bank got its money back and can make more loans, plus it has .25% revenue for the life of the loan. The bank is happy. - So FM now receives his 6.25% from the borrower, but pays the bank .25% of it, so it actually is only getting 6.00%. The thing is that FM has a line of credit with the US Treasury, so it can borrow very cheaply, say at 3%. So it can pocket the difference. - The primary role of FM (mandated by the US government) is to create a secondary market for those mortages, meaning: it has to take for e.g. 50 of $200,000 mortgages and make a $10,000,000 bond out of them and sell it to insurance company (e.g. AIG) at 4.5%. AIG will be happy to receive 4.5%. It is rather low, but the bond is backed by FM, which is backed by the government. The perceived risk is low and we know that low risk generates low returns, but it is safe. - So insurance company is happy to receive 4.5% on its safe investment. FM is happy to pay 4.5% to the insurance company, because it is receiving 6% (6.25-.25) from the borrower and it only has to pay the government back 3% and can borrow more if needed. Problem: If the borrower does not pay (and remember FM is only allowed to buy conventional loans - no adjustable rate, interest only and other creative crap) due to regular economic hardships, FM has to come with cash to service that debt to investors. Well, as of 7/11/2008 the government says that FM so far has enough cash to do so.
Who have higher pay a marketing manager or a finance manager?
Marketing Manager gets and enjoys higher commission and allowances while a finance manager gets only higher remuneration. When compared to each other, MM enjoys high than that of FM
What does GOE mean?
Goe mean in language of Karen from Thailand it mean snack .
What is the abbreviation of FM?
You mean "What is FM the abbreviated form of?"? You can't abbreviate "fm". FM is the abbreviated form of "Frequency Modulation".
What does AM and FM mean?
am is amplitude modulation, fm, frequency modulation
What does nogoom FM mean?
Nogoom FM is an Egyptian radio channel for Arabic music. The words themselves mean Stars FM. You can listen to this radio station's live stream from the following link: http://cmpmania.blogspot.com/2008/07/listen-to-nogoom-fm-live.html
What does FM mean on facebook?
to messege someone
What does the m mean In access FM?
Hjkan
What does the military acronym FM mean?
Field Marshal
What does production cost mean in access FM?
Um Fm means the evening radio channels it has nothing to do with a production cost.
What does FM in an address mean?
if it is reads FM 685 then it means farm to market. a non major hwy in rural area. I think.
What do these mean ON DJ AM FM JJ?
october November etc
What does FM in chess mean?
FM is an abbreviation for "FIDE Master". To achieve this title you must attain and maintain at least 2,300 FIDE rating.
What does FM 81 mean when stamped on jewelry?
I think it is Franklin Mint
What does FM mean in a Texas highway sign?
Farm to market road
