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2. MGIC Investment Corporation - Wikipedia

   en.wikipedia.org/wiki/MGIC_Investment_Corporation

   MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. [1] The company is headquartered in Milwaukee, Wisconsin. In addition to mortgage insurance, MGIC provides lenders with various underwriting and other services and products related to home mortgage lending.

3. Loan guarantee - Wikipedia

   en.wikipedia.org/wiki/Loan_guarantee

   The term can be used to refer to a government promising to take on a private debt obligation if the borrower defaults.Most loan guarantee programs are established to correct perceived market failures by which small borrowers, regardless of creditworthiness, lack access to the credit resources available to large borrowers.

4. Fannie Mae - Wikipedia

   en.wikipedia.org/wiki/Fannie_Mae

   In 1981, Fannie Mae issued its first mortgage pass-through and called it a mortgage-backed security. Ginnie Mae had guaranteed the first mortgage pass-through security of an approved lender in 1968 [18] and in 1971 Freddie Mac issued its first mortgage pass-through, called a participation certificate, composed primarily of private mortgage ...

5. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   In the UK and U.S., 25 to 30 years is the usual maximum term (although shorter periods, such as 15-year mortgage loans, are common). Mortgage payments, which are typically made monthly, contain a repayment of the principal and an interest element. The amount going toward the principal in each payment varies throughout the term of the mortgage.

6. USDA home loan - Wikipedia

   en.wikipedia.org/wiki/USDA_home_loan

   A USDA home loan is different from a traditional mortgage offered in the United States in several ways. USDA loans require no down payment, meaning that it is possible to finance up to 100% of the property value. One must meet the income restrictions for the county in which the buyer is interested. Each county has a maximum Income Requirement.

7. Mortgage-backed security - Wikipedia

   en.wikipedia.org/wiki/Mortgage-backed_security

   Ginnie Mae guaranteed the first mortgage pass-through security of an approved lender in 1968. [20] In 1971, Freddie Mac issued its first mortgage pass-through, called a participation certificate, composed primarily of conventional mortgages. [20] In 1981, Fannie Mae issued its first mortgage pass-through, called a mortgage-backed security. [21]