GSE: acronym for regulators-paid organizations: some economic attributes agencies formed from the All of us Congress to minimize rates of interest to possess producers and home owners. These include Federal national mortgage association and you will Freddie Mac computer.

Ginnie Mae: Government National Financial Association (GNMA); a government-had business administered by the You.S. Service from Property and you may Urban Development, Ginnie Mae swimming pools FHA-covered and you may Virtual assistant-protected finance to straight back bonds getting private capital; just as in Federal national mortgage association and Freddie Mac computer, the financial support money provides financial support that may then be lent to help you eligible consumers of the lenders.

Revenues: currency won prior to fees or any other write-offs. Often it are normally taken for net gain from self-a career, local rental assets, alimony, child assistance, personal advice costs, and pensions.

Warranty Percentage: percentage to help you FannieMae away from a lender with the promise regarding punctual dominating and you may attention costs so you can MBS (Home loan Supported Protection) security holders.