Profiles of Existing Government Corporations - US Government ...

134
GOVKWMENT IlIVES-: $1,673,700,000
LJABILITIISS: $959,900,000
TOTAL DEBT: Non8
GOVEMUEHT DEBT: None
GOvKRw)awT IDAN LIMIT: $1,500,000,000
GOVIDWGWT FURROWING: None
REPAYIQWT TO GO-: .$736,000,000
TOTAL EQUITY: $1,602,600,000
GOT EQUITY: $1,602,600,000
APPRDPRIATIONS To EQUITY: None
OTHER EQUITY: None
CORPORATION PROPILE
GN?fA
GO- EQUITY LsIXIT: None specified in enabling legi8lation.
TDTALI NTEMST KXPENSB: $26,118,000
INTKUBSTPAIDGDS: None
INTKRSST PAID m: 526,118,000
-TRBQIVED: $244,900,000
NOTES:
a. Additional accounting principle8 are as follovm:
--U.S. government 8ecuritie8 are presented at cost, net of
unamortized discount or pruiu.
--Advances to is8uar8 r8pr888nt advance8 made to f88u8rs oi
GN24A mortgage-backed 88curiti88 to fulfill GNHAt8 guaranty of
timely principal and intera8t papent to KBS holder8.
--Fees rac8ived for GNXA'8 gumranty of mortgage-backed
macuritiam ar8 recognirad am l arnmd on an accrucrl basis.
Fees received for conit8ent8 to 8ubmequ8ntly guarant88
mortgage-backed secUritiem and commitBent to fund mortgage
loans are recognirad vh8n received. Lo8mem on asset8
acquired through liquidation and claim again8t HUD/m and
the Veterans Adrini8tratiOn (VA) ar8 recognirmd vhen they
occur. Unarortizad pUrCha88 dimcountm are uortized over the
liven of the ro*gagam.
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