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Tip of the Day Open an Online Savings Account

Open an Online Savings Account - One of the best ways to save money and receive a fair return on your money, about 5%, is to open an online savings...

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Ginnie Mae

Ginnie Mae - Ginnie Mae is a government owned and operated corporation active in the business adventure of specific issues. It is the governments run operation in the business of buying mortgages. The government backing is securitized and on-sells to the investors. In the purchasing of mortgages from various lending institutions it then operates in the private sector. This in a corporation organized and run by the government competing against the private sector. The active institution is in the business of guaranteeing payment of interest and principal of the mortgage backed securities. They pay record lower interest rates than non-government back bonds secure.

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Definition of the Day Quality of Earnings

Definition: Quality of earnings is usually mentioned when referring to earnings announcements. Advice: Companies whose earnings are largely the...

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