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  2. Pass-through certificate - Wikipedia

    en.wikipedia.org/wiki/Pass-through_certificate

    Pass-throughs are the basic structure on which securitizations are built; see mortgage-backed security, asset-backed security and collateralized debt obligation. The advantage of these structures is that they serve as a means of diversifying the asset pool and/or increasing the demand for, and size of the offering.

  3. Rocket Mortgage - Wikipedia

    en.wikipedia.org/wiki/Rocket_Mortgage

    In 2004, Quicken Loans became a defendant in a class action lawsuit on behalf of employees who had worked as loan consultants. In 2011, a jury ruled in favor of Quicken. [14] In August 2007, Quicken Loans discontinued second mortgages, home equity lines of credit, Alt-A products, and deferred interest loans. [15]

  4. Flow-through entity - Wikipedia

    en.wikipedia.org/wiki/Flow-through_entity

    According to International Bureau of Fiscal Documentation [] (IBFD) a pass-through entity or flow-through entity (FTE) is a "non-taxable entity, such as a partnership, under which the income or expense is generally regarded as income or expense of the participants under the transparency principle."

  5. Real estate mortgage investment conduit - Wikipedia

    en.wikipedia.org/wiki/Real_estate_mortgage...

    REMICs are investment vehicles that hold commercial and residential mortgages in trust and issue securities representing an undivided interest in these mortgages. A REMIC assembles mortgages into pools and issues pass-through certificates, multiclass bonds similar to a collateralized mortgage obligation (CMO), or other securities to investors in the secondary mortgage market.

  6. 9 best budgeting apps for January 2025: $0 and low-cost ways ...

    www.aol.com/finance/best-budgeting-apps...

    To save you time, we analyzed 15 of the most popular budgeting apps available on Google Play and the App Store, comparing a range of benefits, features and costs to find the best options for ...

  7. Payable-through account - Wikipedia

    en.wikipedia.org/wiki/Payable-through_account

    Foreign financial institutions use PTAs, also known as "pass-through" or "pass-by" accounts, to provide their customers with access to the U.S. banking system. Some U.S. banks, Edge and agreement corporations, and U.S. branches and agencies of foreign financial institutions (collectively referred to as U.S. banks) offer these accounts as a ...

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