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Ginnie Mae
Ginnie Mae, or the Government National Mortgage Association, guarantees timely payment of principal and interest on mortgage-backed securities.
Sallie Mae
A corporation that originates, services, and collects student loans in the United States.
Default Risk Premiums
The additional yield a bond issuer must pay to compensate investors for the risk that the issuer might not make payments as promised.
Yield
The yield from an investment, including interest or dividends, represented as a percentage of the cost of the investment or its present market worth.
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