"FSBO" or "buying foreclosures"
"Chicago, IL" or "Florida"
Views: 8162
Fannie Mae
A private, shareholder-owned company that purchases residential mortgages and converts them into securities for sale to investors. Fannie Mae supplies funds that lenders may loan to potential homebuyers. Its original name was Federal National Mortgage Association (FNMA), started by the federal government in 1938.
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