When deed is usually transferred to buyer on owner financing?
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emmy
Apprentice
Joined: 03 Oct 2005
Posts: 18
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 Posted: 06/12/08 - 06:42 Post subject: |
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| Hello there. My name is Jonathan and I would appreciate if you could give me some information about pass-through certificates. I would like to know what are those certificated for, what is their practical use. Can you also tell me what is most common type of pass-through certificate? Thank you in advance. |
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jaimie
Apprentice
Joined: 16 Aug 2007
Posts: 3
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| Posted: 07/12/08 - 00:56 Post subject: |
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| Hi there Jonathan. Although I don’t have that much information, I think that I could be of some help. Pass-through certificates are actually securities. They are issued by National Mortgage Association which gathers funds from mortgage insurances. Those certificates provide their owners with a fixed income. I cannot tell you how good solutions for investments are they, since I don’t have much experience with them. The most common type of pass-through certificate is definitely mortgage backed pass-through certificates. Well, that is all I can tell you about this. I hope that I was of some help. If you have some more questions about certificates of finances in general, feel free to ask. Bye! |
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