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  2. Government intervention during the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_intervention...

    [42] [43] The scheme required the institution to pay a fee for the guarantee [44] and was withdrawn on 31 March 2010. [45] The total funding committed under this guarantee was around €602 billion, with €118.6 billion of guarantees given. [46]

  3. What are guaranteed mortgage loans? - AOL

    www.aol.com/finance/guaranteed-mortgage-loans...

    However, if you choose this kind of mortgage guarantee, be ready to pay two insurance premiums: one premium paid upfront that’s equal to 1.75 percent of the loan principal and an annual premium ...

  4. Are government loans easier to get? - AOL

    www.aol.com/finance/government-loans-easier...

    Instead, the government sponsors programs that guarantee or insure the mortgage: The lender of the money, a private bank, credit union or mortgage company, will be reimbursed all or part of the ...

  5. 6 Things You Need To Do When Considering a Government-Backed ...

    www.aol.com/6-things-considering-government...

    A government-backed refinance is when you refinance an existing mortgage with a new loan guaranteed by a government agency, including FHA, VA and the USDA. Here’s more about the refinancing ...

  6. Housing and Economic Recovery Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Housing_and_Economic...

    The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.

  7. Government National Mortgage Association - Wikipedia

    en.wikipedia.org/wiki/Government_National...

    Today, Ginnie Mae securities are the only mortgage-backed securities that are backed by the "full faith and credit" guaranty of the United States Federal Government, although some have argued that Fannie Mae and Freddie Mac securities are de facto or "effective" beneficiaries of this guarantee after the Federal Government rescued them from ...

  8. Looking to refinance your FHA mortgage? Make it easier and ...

    www.aol.com/finance/looking-refinance-fha...

    Hold a government-back mortgage: In addition to FHA-backed loans, mortgages backed by the U.S. Department of Agriculture’s (USDA) or the Department of Veterans Affairs (VA) also qualify.

  9. Government-backed loan - Wikipedia

    en.wikipedia.org/wiki/Government-backed_loan

    A government-backed loan is a loan subsidized by the government, also known in the United States as a Federal Direct Loan, which protects lenders against defaults on payments, thus making it a lot easier for lenders to offer potential borrowers lower interest rates.