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A mortgage-backed security (MBS) is a type of asset-backed security (an "instrument") which is secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes , or packages, the loans together into a security that investors can buy.
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
To further put this all into perspective, only 63% of U.S. adults could cover a $400 emergency expense completely using “cash or its equivalent” (meaning that you pay using cash, savings or a ...
Internet portal. v. t. e. Internet censorship is the legal control or suppression of what can be accessed, published, or viewed on the Internet. Censorship is most often applied to specific internet domains (such as, Wikipedia.org) but exceptionally may extend to all Internet resources located outside the jurisdiction of the censoring state.
The United States budget comprises the spending and revenues of the U.S. federal government. The budget is the financial representation of the priorities of the government, reflecting historical debates and competing economic philosophies. The government primarily spends on healthcare, retirement, and defense programs.
Some 20 million young people—one in five children—in the U.S. have a mental health condition, according to estimates. Unfortunately, only 20% of those receive care—and the lack of access is ...
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