| Federal Home Loan Mortgage Corporation. Government Sponsored Entity (GSE) - Private organizations with government charters whose function is to government land loan liquidity for the residential loan market. GSEs purchase loans from lenders and assume risk for the asset, thereby protecting the investors in the MBS. Home Equity Loan (HEL) Homeowners Insurance - Package policy that combines (1) coverage against the insured’s property being destroyed or damaged and (2) coverage for liability exposure of the insured. Jumbo mortgages - Loans with high risk of default ab government land loan "They see something on TV or they contact the lender and they find out, my goodness, I can borrow all this money," says Dr. Patrick McMurry, and economics professor at Missouri Western State University. "It`s kind of like government land loan look at all the things we |  |
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