GOVERNMENTAL ACCOUNTING EXTRA CREDIT H/WORK FANNIE MAE AND FREDDIE MAC 1. Fannie Mae was started in 1938 by President Franklin Roosevelt. He wanted to create a system or a new deal which would benefit people who didn’t have homes. Fannie Mae is the nickname of what is known as the federal National Mortgage Association‚ and Freddie Mac is the nickname for Federal Home Mortgage Corporation. 2. The great depression was the major reason for such a system to be put in place simply because
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Fannie Mae case. Federal regulators noted a growing string of high profile scandals at major U.S. corporations in recent years. The number of fraud cases investigated by the Securities and Exchange Commission jumped 41 percent in the last three years (112 cases in 2001 compare to 79 cases investigated in 1998)‚ resulting in tens of millions of dollars in fines to settle the charges. I have decided to take a closer look at Fannie May. This company operates in the residential mortgage finance industry
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Activity 1 1. Identify four possible consequences of inadequate training or training that does not meet an organisation’s needs or requirements. Answers might include but are not limited to: Leads to people feeling ill-equipped to do their jobs‚ leading to stress Reduced productivity Decreased flexibility/ adaptability to workplace demands Failure to enhance people’s skills Can lead to a failure to meet statutory requirements relating to providing a safe and healthy working environment Reduced
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P3- Describe four strategies that could positively encourage Sophie’s self-reliance‚ self-esteem and emotional resilience. Molly is Sophie’s key worker in a nursery she attends‚ Molly has realised that Sophie is at the right stage of development but Molly has also realised that Sophie has problems eating and doesn’t like socialising outside although she spends lots of time with her friends. Molly is concerned about Sophie and the nursery want to know what things may help the situation. I am now
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Mae C. Jemison Her Birth Mae C. Jamison was born in on October 17‚ 1956 in Decatur‚ Alabama. She was the youngest child to Charlie Jemison and Dorothy Green. Her father was a maintenance supervisor for a charity and her mother was a elementary teacher. When Mae Jemison was three years old when her parents moved to Chicago‚ Illinois so there kids can get a better education. At a very young age Mae Jemison expressed an interest in science and astronomy. In elementary she was asked what she wanted
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We can find that there are four common employees’ problems. First‚ employees do not concentrate on work. As you can see in our drama‚ employees may do something irrelevant to their work. For example‚ using their mobile phone. This may simply due to their laziness or they feel tired‚ so that they cannot concentrate on work. Second‚ the evasion of responsibility. When employees are being criticized by their employer‚ they are likely to avoid taking responsibility to admit their faults‚ and explain
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. How to Prioritize Nursing Care Ashley Williams Chamberlain College of Nursing Professor Theresa Conte Semester I How to Prioritize Nursing Care It is important for a nurse to provide careful attention to every task‚ so prioritizing your daily agenda will promote efficiency and allow time to fulfill all duties. Each day nurses attend to several different patients who‚ in most cases‚ have just experienced a traumatic situation. Unpredictable circumstances can easily heighten
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P1 Describe four different land-based and adventurous activities Rock climbing is an activity that can be done by yourself or in a group‚ it involves climbing a high rock wall. The Equipment used in rock climbing is a carabineer‚ harness‚ rope‚ abelay and a helmet. In the UK Armed Forces‚ basic training involves one week of adventure training‚ this will include some rock climbing (the amount of depends on the force). There are different types of climbing and many places to do them across the UK
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Mortgage Association (FNMA) (NYSE: FNM)‚ commonly known as Fannie Mae‚ is a stockholder-owned corporation chartered by Congress in 1968 as a government sponsored enterprise (GSE)‚ but founded in 1938 during the Depression. Contrary to some beliefs‚ Fannie Mae does not make home loans directly to consumers‚ but rather functions as an intermediary in the U.S. secondary mortgage market. By purchasing and securitizing mortgages‚ Fannie Mae facilitates liquidity in the primary mortgage market by ensuring
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One of the most important aspects of Dr. Mae Jemison includes her experiences. During her time at Cornell Medical School‚ Jemison spent time working as a volunteer in places such as: Cuba‚ Kenya‚ and Cambodian Refugee camps in Thailand (Jemison 2). After Cornell University‚ Jemison spent the next year accomplishing an internship at Los Angeles County- University of Southern California Medical Center. Knowing she wanted to work on a biomedical engineer research assignment‚ she quickly determined to
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