In other words, you should be able to get a cheaper mortgage rate, all else being equal, if your home loan conforms to Fannie Mae and Freddie Mac’s standards. For this reason, borrowers will often put more money down to stay under the conforming loan limit. Or take out a combo loan ...
Freddie Mac doesn’t originate or service home mortgages. Rather, it buys home loans from banks and other commercialmortgage lenders(giving these institutions funds that they can then use to finance more loans and mortgages). These loans must meet certain standards that Freddie Mac sets. After pu...
Fannie Mae and Freddie Mac shareholders were wiped out when the federal government placed them into conservatorship last month and eliminated their dividend. Yet profits from the company are being skimmed to fund homeownership programs that some see as redundant. ...
Underwriting guidelines used by one subprime lender, GMAC, were reviewed as a point of comparison to the prime loan products of Fannie Mae, Freddie Mac, and FHA. The review of GMAC's guidelines suggests that subprime products also ... K Burnett,A Cortes,CE Herbert 被引量: 5发表: 2006年...
New Vista to Sell Freddie Mac REOs.(New Vista Asset Management)(Federal Home Loan Mortgage Corp.)(repossessed homes)(Brief article)Hochstein, Marc
As the government sets out to fix the problems at Fannie Mae and Freddie Mac, it must resolve the inherent conflict between shareholders and taxpayers and their undiversified business model.