Examlex
How is a noncontrolling interest in the net income of an entity reported in the income statement?
Down Payment
An initial upfront portion of the total amount due, typically associated with the purchase of expensive items like a home.
Freddie Mac
A government-sponsored enterprise (GSE) in the United States that aims to expand the secondary mortgage market by buying mortgage loans and mortgage-related securities.
Fannie Mae
A government-sponsored enterprise (GSE) aimed at expanding the secondary mortgage market by securitizing mortgages.
Mortgage-Backed Securities
Securities issued for the financing of large pools of mortgages. The promised returns to the security holders are derived from the mortgage interest payments.
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