Business, 03.08.2021 23:30 gabrielgbobo99

Sallie Mae is a quasi-governmental agency that packages individual student loans into pools of loans and sells shares of these to investors as "Sallie Mae bonds". i. What is this process called?
ii. How is it different for investors from a situation where investors could only buy and sell individual student loans?
iii. How do Sallie Mae’s actions affect the ability of students to get loans?
iv. The recession of 2008 was very severe. Many graduating students were not able to get jobs and had to default on their student loans.
1. Is it likely that investors will buy Sallie Mae bonds?
2. Is it likely that Sallie Mae bonds are now perceived to be riskier than before?
3. How will this affect the availability of student loans?

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 15:20

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

Answers: 1

Answer

Business, 22.06.2019 19:30

Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment.b. structural and frictional unemployment.c. cyclical and structural unemployment.d. frictional, structural, and cyclical unemployment.

Answers: 2

Answer

Business, 22.06.2019 20:20

Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.

Answers: 2

Answer

Business, 23.06.2019 00:00

In this multi-channel funnel report, which two channels have the highest overlap and would benefit from coordinated marketing messaging?

Answers: 2

Answer

You know the right answer?

Sallie Mae is a quasi-governmental agency that packages individual student loans into pools of loans...

Questions