An adjustable rate mortgage, commonly referred to as an ARM, is a loan type that allows the lender to adjust the interest rate during the term of the loan. Generally, these changes are determined by a margin and an index so that the interest rate changes, up or down, are based on mark...
Federal agencies are created by the government to regulate industries or practices that require close oversight or specialized expertise. Some organizations, such as theFederal Deposit Insurance Corporation(FDIC) and theGovernment National Mortgage Association(GNMA), have their operations explicitly backed by...
Related to Federal Home Loan Bank:Federal Home Loan Mortgage Corporation ThesaurusAntonymsRelated WordsSynonymsLegend: Switch tonew thesaurus Noun1.Federal Home Loan Bank System- the central credit system for thrift institutions financial institution,financial organisation,financial organization- an institution...
The 1932 Federal Home Loan Bank Act was created to provide low-cost funds for member banks to use for mortgage lending. The act established the Federal Home Loan Bank Board (FHLBB) to regulate the network of member Federal Home Loan Banks (FHLBs or FHLBanks). Who Did the Federal Home Lo...
Federal Credit and Insurance Programs: Housing John M. Quigley tion (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Government National Mortgage Association (Ginnie Mae). Freddie Mac and Fannie Mae are government-sponsored enterprises (GSEs). Both are publicly charte...
Mortgage rates are current as of January 13, 2025, and are subject to change at any time. Our Mortgage Rates 6.000% 15 Year Fixed Mortgage Mortgage rates are current as of January 13, 2025, and are subject to change at any time. ...
Federal Home Loan Bank System Federal Home Loan Mortgage Corporation Federal Housing Administration Federal Islamic Republic of the Comoros federal job safety law Federal Judiciary Federal Law Enforcement Training Center Federal National Mortgage Association federal office federal official Federal Party Federal ...
By law, Reserve Banks act as fiscal agents for the following GSEs and international organizations: Fannie Mae; the Federal Home Loan Mortgage Corporation; entities of the Federal Home Loan Bank System; the Farm Credit System; the Federal Agricultural Mortgage Corporation; the Student Loan Marketing ...
freddiemac.com Federal Government accepted term The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac, is a public government-sponsored enterprise (GSE). Freddie Mac is operating under a conservatorship that began on September 6, 2008, conducting its business under the direction ...
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