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Private pass throughs

• Are mortgage backed issues securitized by non-agency financial institutions. This compares to FNMA, Freddie Mac and GNMA securities.

 
 Embedded terms in definition
 Financial institution
Fnma
Freddie mac
Gnma
Mortgage
Securities
 
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Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

Many a man has finally succeeded only because he has failed after repeated efforts. If he had never met defeat he would never have known any great victory. - Orison Swett Marden

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