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A government-sponsored enterprise (GSE) is a type of financial services corporation created by the United States Congress.Their intended function is to enhance the flow of credit to targeted sectors of the economy, to make those segments of the capital market more efficient and transparent, and to reduce the risk to investors and other suppliers of capital.
One notable example of this was the planned acquisition of SLM Corporation (formerly known as Sallie Mae) by a group including Bank of America and JPMorgan Chase. [ 2 ] [ 3 ] In the United States, much of this litigation occurs in the Delaware Court of Chancery because many large American companies are organized under Delaware law.
Project grants are the most common form of grants and a large number are found in scientific research, technology development, education (such as Federal Pell Grants), social services, the arts and health care types of assistance. [citation needed] Formula grants provide funds as dictated by a law. Examples of this type of grant includes Aid to ...
The legislation funds the government through March 14, setting up another spending showdown in the early days of the Trump administration. Republicans will control both the Senate and House come ...
While Fannie Mae is primarily a loan investor, borrowers can participate in a Fannie Mae loan program by applying for one of the loan types that it sponsors such as HomeReady, 97% LTV, REfiNow and ...
Differences between Fannie Mae and Freddie Mac While they may seem incredibly similar, Fannie Mae and Freddie Mac have some key differences. Here’s a closer look at what differentiates Freddie ...
A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States. Grants are federal assistance to individuals, benefits or entitlements. A grant is not used to acquire property or services for the federal government's direct ...
Grants are time limited (usually between one and three years) and are offered to implement existing government policies, to pilot new ways of doing things or to secure agreed outcomes. A grant will usually only be given for a specific project or use and will not usually be given for projects that have already begun. [8]