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∙ 11y ago
A government-backed mortgage is commonly referred to as an "insured mortgage." This type of mortgage is backed by a government agency or entity, such as the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA), to provide lenders with added security in case of borrower default.
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What is the symbol for Vanguard Mortgage-Backed Securities ETF in NASDAQ?
The symbol for Vanguard Mortgage-Backed Securities ETF in NASDAQ is: VMBS.
A home mortgage is considered a secured loan because it is backed by what type of property?
A mortgage is backed by real estate owned by the mortgagor.
What was the average home mortgage interest rate in May 2009?
The average mortgage rate of May 2009 is around 5.50. The aspect of ongoing purchases of government and mortgage-backed-debt would have helped to keep a lid on rates for the balance in 2009.
What is the purpose of commercial mortgage backed securities?
The purpose of commercial mortgage backed securities is to take out loans using commercial mortgage properties as a form of collateral. You can learn more about this at the Wikipedia. Once on the website, type "Commercial mortgage backed security" into the search field at the top of the page and press enter to bring up the information.
What is a home mortgage secured loan backed by?
the property
What type of loan does Freddie Mac provide?
Freddie Mac is a government-sponsored corporation that buys home mortgages and sells them as mortgage-backed securities.
What is the market cap for Vanguard Mortgage Backed Securities ETF VMBS?
As of July 2014, the market cap for Vanguard Mortgage-Backed Securities ETF (VMBS) is $429,844,000.00.
What has the author William W Bartlett written?
William W. Bartlett has written: 'To Fathoms in Hell and Back' 'Mortgage-backed securities' -- subject(s): Mortgage-backed securities
What type of bonds can you buy?
corporate bonds, federal government bonds, municipal bonds, asset-backed bonds, mortgage-based bonds, and foreign government bonds. For each of these categories, there are variations.
What is a Government-Backed Financing?
Government backed financing is financing that has the promise of the government standing behind it. It is different from private investor financing or bank backed financing.
When was the first mortgage backed security issued in the US?
hi i am discussing with my sister and brothers when the first mortgage issued. thanks
What is the features of a mortgage bond?
A mortgage bond is a bond that is secured by a mortgage on a property. Mortgage bonds are backed by real estate or physical equipment that can be liquidated. These are usually considered high-grade, safe investments.
