What’s Up with Fannie and Freddie
The sub-prime loan situation which has had a negative effect on banks, mortgage companies and other lending institutions has also put a financial strain on two of the nations largest suppliers of mortgage funds. I am speaking specifically about the Federal National Mortgage Association (FNMA), better known as Fannie Mae; and the Federal Home Loan Mortgage Corporation [...]
Filed under: Investing, Mortgage and Lending by Dwight's Real Estate Update
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