Describe the basic activities of Fannie Mae in the secondary mortgage market. How are these activities financed?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (16 reviews)
Fannie Mae purchases both conventional and governmentunderwritten residential ...View the full answer
Answered By
Irfan Ali
I have a first class Accounting and Finance degree from a top university in the World. With 5+ years experience which spans mainly from the not for profit sector, I also have vast experience in preparing a full set of accounts for start-ups and small and medium-sized businesses. My name is Irfan Ali and I am seeking a wide range of opportunities ranging from bookkeeping, tax planning, business analysis, Content Writing, Statistic, Research Writing, financial accounting, and reporting.
4.70+
249+ Reviews
530+ Question Solved
Related Book For
Business Its Legal Ethical and Global Environment
ISBN: 978-1337103572
11th edition
Authors: Marianne M. Jennings
Question Posted:
Students also viewed these Corporate Finance questions
-
Describe the basic activities conducted by a tax agency fund. What are some of the issues that make tax agency fund accounting complex?
-
Describe the basic activities conducted by a tax custodial fund. What are some of the issues that make tax custodial fund accounting complex?
-
How much should the exiting CEOs of Fannie Mae and Freddie Mac have received when they were replaced in September 2008?
-
02. The competitive exclusion principle only applies when the niches of competing species have a high degree of overlap. O True False 54bmit Q3. Four snake species colonize an island at the same...
-
a) Distinguish between WWW service and e-commerce service. b) What kinds of external access are needed for e-commerce? c) Does the webmaster or e-commerce administrator have control over the security...
-
Martha was considering starting a new business. During her preliminary investigations related to the new venture, she incurred the following expenditures. Salaries...
-
One company purchases the outstanding debt instruments ofan affiliated company on the open mar ket. This transaction creates a gain that is appropriately recognized in the consolidated financial...
-
Arnold Industries has pretax accounting income of $33 million for the year ended December 31, 2011. The tax rate is 40%. The only difference between accounting income and taxable income relates to an...
-
Question 27 2 points Save Answ Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par non-cumulative preferred stock. In 2013, West...
-
Describe the various capabilities of SAP GTS. How does using this software help Fonterra manage its export trade? What quantifiable benefits does this system provide? How would you characterize...
-
There are two primary considerations that affect the form in which investors choose to hold commercial real estate. List each and explain how they affect the choice of ownership form.
-
Assume the annual interest rate on a $500,000 7-year balloon mortgage is 6 percent. Payments will be made monthly based on a 30-year amortization schedule. a. What will be the monthly payment? b....
-
The ledger of Reno Corporation at December 31, 1996, after the books have been closed, contains the following stockholders' equity accounts: A review of the accounting records reveals the following:...
-
What do you think of the gainsharing plan that Harrah's has implemented? How does an employee make more money? How much more money can they make? Is the gainsharing plan motivating employees to...
-
How do power dynamics within an organization affect employee empowerment and autonomy, and what are the best practices for creating a balanced power structure ?
-
In thinking about management and incentive structures: What recommendations do you have for the Responsible Innovation team as they seek to better embed responsible innovation within employees'...
-
How do multinational companies adapt their corporate governance procedures and decisions to accommodate the different national and regional regulatory requirements and business ethics? Requirement: I...
-
How do "complexity theory" and the concept of "emergent properties" inform our understanding of organizational dynamics, particularly in the context of nonlinear interactions and unpredictable...
-
(a) State the objectives of financial statements. (b) Identify the main users of financial statements and explain why each user group might be inter- ested in the information provided in these...
-
Write out the formula for the total costs of carrying and ordering inventory, and then use the formula to derive the EOQ model. Andria Mullins, financial manager of Webster Electronics, has been...
-
Bevin Inc. had the following in 2019: a. What is Bevin Inc.s taxable income in 2019? b. What carrybacks or carryovers does it have from 2019? Gross income from operation Dividends from 22%-owned...
-
For each of the following cases, state whether the statement is true for LIFO or for FIFO. Assume that prices are rising. (a) Results in a higher quality of earnings ratio. (b) Results in higher...
-
Olsson Video Center accumulates the following cost and market data at December 31. Compute the lower-of-cost-or-market valuation for Olsson inventory. Cost Data Market Data Inventory Categories...
-
At December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $155,377; beginning inventory $119,035; cost of...
-
3. The nominal interest rate compounded monthly when your $7,000 becomes $11,700 in eight years is ________
-
An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 14% and a...
-
Advanced Small Business Certifica Drag and Drop the highlighted items into the correct boxes depending on whether they increase or decrease Alex's stock basis. Note your answers- you'll need them for...
Study smarter with the SolutionInn App