This risk is minimal for mortgage - backed securities issued by government agencies or government - sponsored enterprises — also known as «agency» securities issued by Ginnie Mae, Fannie Mae or Freddie Mac — and most asset - backed securities, which tend to
carry bond insurance that guarantees payments of interest and principal to investors.
Not exact matches
The report describes the appropriateness of the current minimum financial responsibility requirements for motor carriers
carrying property and passengers and the current
bond and
insurance requirements for freight forwarders and brokers.
Blanket fidelity
bond:
Insurance brokerage firms are required to
carry to protect customers from the dishonesty or carelessness of brokerage employees and officers.
If you used the proceeds of a home mortgage to purchase or «
carry» securities that produce tax - exempt income (municipal
bonds), or to purchase single - premium (lump - sum) life
insurance or annuity contracts, you can not deduct the mortgage interest.
Such long - term
bonds carry high volatility risk (the ETF's duration is 17.5), but Roche views them as
insurance against a geopolitical or global economic crisis.
In addition, unsupervised correspondent lenders (as opposed to brokers) must provide business and personal credit reports, audited financial statements, quality control plans, sanctions letters and funding programs, and finally post a fidelity
bond of at least $ 300,000 and
carry at least $ 300,000 of errors and omissions
insurance.
(n) requiring that agents who hold a licence for life
insurance carry errors and omissions
insurance, furnish a fidelity
bond or belong to a compensation fund, and fixing the amount, form, requirements and terms thereof;
Virginia gives drivers a choice: 1)
carry auto
insurance in minimum specified limits, 2) qualify as a self - insurer (which usually means posting a significant
bond), or 3) pay an Uninsured Motor Vehicle (UMV) fee of $ 500 each year.
Ask for proof that the contractor is
bonded,
carries liability
insurance, and covers his / her workers with workers compensation
insurance.
Schools must
carry liability
insurance, be
bonded, and maintain complete records for DMV inspection.
While
bonded movers must
carry a certain amount of basic
insurance, this coverage will usually pay for only a small percentage of the value of your belongings if they are damaged or destroyed.
We
carry commercial liability
Insurance, are
bonded and maintain complete records for DMV Inspection.
Only those drivers who can place upwards of $ 60,000 in a liability
bond are able to opt out of
carrying Bellevue car
insurance.
The addition of the owner of the property or the homeowners» association does not result in cancellation or nonrenewal of the
insurance policy or
bond carried by the family day care home; and