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Government sponsored enterprises

• Privately owned, publicly chartered entities, such as the Student Loan Marketing Association, created by Congress to reduce the cost of capital for certain borrowing sectors of the economy including farmers, homeowners, and students.

 
 Embedded terms in definition
 Capital
Cost of capital
 
 Related Terms
 Government bond
Government national mortgage association gnma or ginnie mae
Government securities
Government security
Government security dealer
Local government investment pool lgip
Sponsored american depositor receipt adr

<< Government security dealer Governments >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Hell, there are no rules here--we're trying to accomplish something. Thomas Alva Edison

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