Socially Responsible Corporations
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Written by:
Pierre B
Date added:
June 20, 2015
Level:
University
Grade:
A
No of pages / words:
3 / 576
Was viewed:
2194 times
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Essay content:
They also, most of the time, have very loyal employees who love working at their companies.
The leader in socially responsible companies is the Fannie Mae Foundation. This company strives to help minorities in purchasing their first home. The Fannie Mae Foundation purchases mortgages from lenders and then repackages them for sale as securities...
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This has enabled them to keep mortgage rates low, and help the normally overlooked homebuyers, become homebuyers. Also, most uniquely, they help those of the Muslim faith, who follow the Islamic law which bans paying or collecting interest on debt. By setting up monthly payment plans based on property price, the Muslims are enabled to become homeowners and still keep law...
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