Now officially dubbed Fannie Mae, this federally chartered agency buys mortgages from lending institutions, pools them with other loans, and sells shares to investors.
Real Estate Glossary : Terms and Definitions
Now officially dubbed Fannie Mae, this federally chartered agency buys mortgages from lending institutions, pools them with other loans, and sells shares to investors.
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The offical Fannie Mae website is: http://www.fanniemae.com/