Posted by Tom-FL on October 10, 2003 at 19:29:02:
Actually, The Federal National Mortgage Association is abreviated to FNMA and is known as Fannie Mae and the web URL is http://www.fanniemae.com
Now, Freddie Mac is the common name for The Federal Home Loan Mortgage Corporation and can be found at http://www.freddiemac.com
Federal National Mortgage Assn. - Posted by sam
Posted by sam on October 10, 2003 at 17:16:09:
I looked up a property at the courthouse today and this was the lenders name. Anyone heard of them and how do you get in touch with them?
An alert observer… - Posted by JT-IN
Posted by JT-IN on October 10, 2003 at 18:33:33:
An alert observer brought to my attention that I carelessly and erroneously posted the info the FreddieMac below, instead of the info about Fannie Mae… One of the hazards of talking on the phone to another investor about asset protection, while posting on Cre…
“Fannie Mae is a private, shareholder-owned company that works to make sure mortgage money is available for people in communities all across America. We do not lend money directly to home buyers. Instead, we work with lenders to make sure they don’t run out of mortgage funds, so more people can achieve the dream of homeownership.”
FNMA site URL:
Thanks JimV for observantly reading and keeping me honest here…
JT-IN
Ever heard of the FBI…? - Posted by JT-IN
Posted by JT-IN on October 10, 2003 at 17:37:11:
This question to a RE investor is like asking a Criminal if they have ever heaad of the FBI…?
Here is the FNMA website:
http://www.freddiemac.com/corporate/about/
“Freddie Mac is a stockholder-owned corporation chartered by Congress in 1970 to create a continuous flow of funds to mortgage lenders in support of homeownership and rental housing.”
“When congress created Freddie Mac’s charter in 1970, it set a clear mission for us: stabilize the nation’s mortgage markets and expand opportunities for homeownership and affordable rental housing in America.”