Fannie Mae, the Federal National Mortgage Association (FNMA), is agovernment-sponsored enterprise(GSE) chartered by Congress to stimulate homeownership and provide liquidity to the mortgage market.1Established in 1938 during theGreat Depressionas part of theNew Deal, Fannie Mae helps low- to moderate...
Income, assets, and employment will be evaluated for loan approval Loan amount must be at/below the conforming loan limit As noted, conforming home loans adhere tounderwritingstandards set by Fannie Mae and Freddie Mac. This includes credit and income requirements, such as a minimum 620 FICO sco...
Aug 4, 2017 employment tax management that can complement a clients in-house residential mortgages and are guaranteed by Fannie Mae as to the Learn more Fannie Mae OVERVIEW. Fannie Mae is a government-sponsored enterprise, or GSE, created by the federal government to ensure access to home ...