The Federal National Mortgage Association, commonly known as "Fannie Mae," and the Federal Home Loan Mortgage Corporation, "Freddie Mac," are the two government-sponsored enterprises (GSEs) chartered by the U.S. Congress in 1938. Neither originates or services its own mortgages. Instead, they ...
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MICHAEL BEST & FRIEDRICH LLP (Fannie Mae) (Milwaukee, WI, US) Parent Case Data: CROSS REFERENCE TO RELATED APPLICATIONS This application is a continuation of U.S. application Ser. No. 10/321,823, filed on Dec. 17, 2002, and entitled “Electronic Document for Mortgage Transactions”, which...
Change your loan terms: Homeowners need to decide what they want out of a refinance. For example- changing the loan terms from a 30-year mortgage to a 15-year mortgage significantly reduces the amount of interest paid over the life of the loan, but could increase monthly payments. Alternativ...