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Tip of the Day Get The House Inspected by a Professional

Get The House Inspected by a Professional - So you have decided to purchase a home for the first time, or the fifth time, and you love the home you...

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Mortgage-Backed Certificate

Mortgage-backed Certificate - Mortgage-backed Certificate is a certificated backed by a pool of mortgage loans. A mortgage certificate, a pass-through certificate, conveys a proportional interest in a pool of mortgage loans. The mortgage certificates issued by the Fannie Mae, Freddie Mac, and also by financial institutions or private mortgage conduits issuing mortgage certificates in their own name. The mortgage certificates are security for Collateralized Mortgage Obligation (CMO) bonds. The Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association issues the mortgage certificates. Investors receive expenditure out of the interest and principal on the underlying mortgages. The growth of mortgage-backed certificates secured.

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Definition of the Day Capitalization Weighted Index

Capitalization Weighted Index - The capitalization weighted index is a stock index where each stock affects the stock market's index in proportion to its current market value. Examples of markets using the capitalization weighted index include the Nasdaq Composite Index, the S & P 500, the Wilshire 5000 Equity Index,...

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