When a lender originates amortgage loan, it can either keep the loan in its portfolio or sell the rights to the mortgage payments on the secondary market. If the lender decides to sell the loan, in many cases, Fannie Mae or Freddie Mac will purchase it. These twogovernment-sponsored enter...
Fannie Mae is one of the Ponzi schemes created during the FDR New Deal, 1938. Nearly all of those in the FDR “brain trust” were not smart enough to understand that the success that they reasoned would come from such agencies was actually based on the pyramid. Since the Great, Depression...
Creative Financing for All Types of Commercial Real Estate - Conventional, SBA CMBS, Portfolio & Private Loans
Both Fannie Mae and Freddie Mac were authorized to buy and sell conventional mortgages as well as those insured by the FHA or VA, which were now guaranteed by a new Government National Mortgage Association, better known as Ginnie Mae. To attract new investors to the secondary mortgage market,...
J Thomas Appraislas - Single Family 1004 Int/Ext, Single Family 2055 Exterior Only, FHA and USDA Rural Housing, REO, Foreclosures, Manufactured Home 1004C, FHA Manufactured Home 1004C, 2-4 Unit Residential Income 1025, ERC, Relocation Appraisals, Retrosp