securities issued by US Government sponsored entities( gse’s) end federally related institutions GS he’s currently issuing Securities comprise 8 publicly chartered entities created to reduce borrowing costs for certain sectors of the economy such as Farms Farmers homeowners and students they include a federal Farm Credit bank system the Farm Credit Financial Assistance Corporation Federal Home Loan Bank Federal Home Loan mortgage Corporation Federal National Mortgage Association( Fannie Mae) and Incorporation( FICO) gse’s issue discount notes with maturities ranging from overnight to 360 days and bonds with the exemption of the Farm Credit Financial Assistance Corporation GSE Securities are not backed by the full faith and credit of the United States government other gse’s that formally issued directly now borrow from the Federal Financing Bank
Agency Securities part 2
federally related institutions are arms of the United States government and have not issued Securities directly into the marketplace since the Federal Financing Bank was established to meet their Consolidated bar in needs in 1973 include the export-import bank( exit Bank) of United States the commodity Credit Corporation the farmers housing Administration the general Services administration of the government National Mortgage Association the maritime Administration the private export funding Corporation the rural electrification Administration the Rural Telephone Bank the small business administration the Tennessee Valley Authority and the Washington metropolitan area transit authority except for the private export funding Corporation and the TV a Tennessee Valley Authority federally related institutions obligations are backed by the full faith and credit of the US government agency Securities are exempt from SEC registration and from the state and local income taxes see also Federal Farm Credit system Federal home loan bank system
Adjusted Balance Method
formula for calculating finance charges based on account balance remaining…
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preferred stock whose dividend it said of being fixed is…
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mortgage agreement between a financial institution in a real estate…
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contract between participating members of an investment banking Syndicate sometimes…
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mutual fund holding stocks of rapidly growing companies while these…
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amount of money adjusted for inflation that an investor can…
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trading activity immediately following an initial public offering( ipo) (adsbygoogle…
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trading of stocks and bonds after regular trading hours on…
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clause in a mortgage agreement providing that any additional mortgage…
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standard established by the National Association of Realtors( Nar) to…
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financial industry regulatory Authority( finra) requirement that market-makers quote firm…
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brokerage account in which Brokers discretion in making investment decisions…
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tendency of people with significant potential to file claims wanting…
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government securities exchange of return government securities prior to their…
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financial industry regulatory Authority (finra) automated surveillance system used to…
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book value adjusted for market value on the balance sheet…
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court-appointed individual or bank charged with carrying out the Court’s…
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income on which an individual or couple computes federal income…
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life insurance that gives a policyholder power to change the…
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collateral available for securing Brokers loans or customers margin positions…
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run by the financial industry regulatory Authority (finra) Aces passes…
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dividend due, usually to Holders a cumulative preferred stock but…
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estimated liability of a pension plan assuming immediate termination differs…
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ratio obtained by dividing total credit sales by accounts receivable…
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short-term financing whereby accounts receivable serve as collateral for working…
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statement signed by an independent public accountant describing the scope…
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Federal Reserve policy to increase the amount of money available…
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