Fannie Mae is a government-sponsored enterprise (GSE) that helps expand the liquidity of home mortgages by creating a secondary mortgage market. Although Fannie Mae does not lend money directly to consumers, it purchases and guarantees loans from lenders, freeing up those lenders to make new loans...
The Fannie mae HomeReady financial system will bring an incredible opportunity to pick a property, or re-finance an existing financial. This choice also provides flexible specifications assistance, aggressive mortgage terms and conditions, and you can a reduced down-payment solution. Federal national m...
I must say that, besides from participating in the generally excessive support of home-ownership, like the tax deductibility of interest paid on home loans does, Fannie Mae had absolutely nothing to do with causing this crisis… in fact they were just another victim. I know the conservatives b...