The answer is true because interest means that you owe someone something so you have to pay more than the amount you had to pay originally and when you get money lent to you regularly, then that is also interest.
Answer:
The concept of checks and balances.
Explanation:
All three sides of the government have a way to curb the power of the other 2 sides. This refers to checks and balances. The exec. branch has the veto and pardon, congress has the impeachment, and the supreme court has the right to remove congression acts.
Answer:
I. GNMA provides timing insurance. II. GNMA creates pools of mortgages and issues securities. III. GNMA insures only FHA, VA, and FmHA loans. IV. GNMA requires that all mortgages in the pool have the same interest rate. "
Explanation:
The Government National Mortgage Association or better known as the GNMA, is a U.S government corporation that helps and guarantees a timely payment of principal and interest on mortgage-backed securities. The GNMA works different than the mortgage market. It doesn’t sell or buy pass-through mortgage-backed securities and neither purchase mortgage loans. Instead, private lending institutions approved the GNMA to originate loans, pooling them into securities, and issue mortgage-backed securities that are guaranteed by the GNMA. In consequence, this guarantees the timely payment of principal and interest from approved issuers. Most mortgages securitized by the GNMA are insured by the Federal Housing Administration (FHA), Veterans Administration (VA) and the Rural Housing Administration (RHA). Finally, the GNMA Guide establishes that “Each mortgage in a pool must bear the same fixed interest rate as every other mortgage in its pool. The interest rate on the mortgage may not change during the life of the mortgage”.
Ethnocentrism- evaluation of other cultures according to preconceptions originating in the standards and customs of ones own culture.
