What is fannie mae mortgages - Subprime Mortgages Low Down Payments And No PMI



Home \| Ask Your Question \| Mortgage Glossary \|Free Credit Report \| Mortgage Calculator

Mortgage Professor about fannie mae mortgages:

Fannie Mae Under the Gun
17 January 2005 The Accounting Scandal at Fannie Mae "The media has been full of stories recently about accounting scandals at Fannie Mae?Is this another Enron? What does it mean to John Q. Public?" It is an accounting scandal, and heads have rolled as a result, but it is not ... more...

What Do Fannie Mae and Freddie Mac Do?
March 10, 2003 "What are Fannie Mae and Freddie Mac, and what do they do?" Fannie Mae and Freddie Mac are "government-sponsored enterprises" (GSEs). This means that they are privately owned, but receive support from the Federal Government, and assume some public ... more...

fannie mae mortgages related definitions

Section 8 Homeownership Program
Section 8 Homeownership Program - American Dream Commitment Fannie-Mae and Freddie-Mac expand their underwriting requirements necessary for Freddie Mac to purchase mortgages originated under the Section 8 Homeownership Program, and pledge funds in form of Section 8 vouchers, also ... more...

Fannie Mae, FNMA
Fannie Mae (FNMA) A private and tax-paying corporation created by Congress that acts as a secondary market investor to buy and sell mortgage loans. FNMA sets many of the guidelines for conventional mortgage loans, as does FHLMC. Fannie Mae purchases and sells conventional ... more...

More about fannie mae mortgages

Get Free fannie mae mortgages Quotes and Estimates
Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Subprime Mortgages Low Down Payments And No PMI
Sub-prime mortgages offer financing for those with poor credit to finance the purchase of a home. Todays sub-prime mortgages offer low down payment options with no private mortgage insurance (PMI). As a result, more people are finding it easier to buy a home.Sub-prime Mortgage OptionsSub-prime ... more...

Adjustable Rate Mortgage - How They Work?
How does an ARM work.The borrowers interest rate is determined initially by the cost of money and the time the loan is made. Once the rate has been set, and it is tied to one of several widely recognized and published indexes , and future interest adjustments are based on the upward an downward ... more...

Real Estate Wealth Protection Through Short Sales
Is a sharp correction in store for the real estate market?Fannie Mae, the largest buyer of mortgages in the US, is worried. They recently warned that the probability of a housing bust has risen sharply in certain parts of the country.Fannie Mae and Freddie Mac financed about 43% of new home ... more...

Houston Mortgage Companies
All home mortgage companies are not alike. There are many Houston mortgage companies working harder for you to get you the best mortgage rates and provide high-level individual customer service for the type of loan your family needs. If you ever dreamed of owning your own home, let these companies ... more...

Fannie Mae and Freddie Mac Mortgage Loans - Conforming Loans Provide Low Interest Rates
Conforming loans provide low interest rates since they are almost guaranteed to be purchased by Fannie Mae or Freddie Mac, which allows more funds to be available for borrowers. However, these corporations have terms, such as maximum loan, that limit how much you can borrow. If you dont meet their ... more...

40-Year Mortgages: An Alternative to Interest-only Loans?
Interest-only loans are quickly becoming a mainstream loan product. Borrowers who were initially turned-off by the perceived risk associated with an interest-only loan are now starting to see the benefits: Lower payments, less money tied up in equity, more flexibility, etc.For the savvy borrower, ... more...

Alternative Options For Rising Interest Rates
As interest rates have risen in the last six weeks from record lows, homeowners are once again face with finding viable options to reduce the amount of interest paid on their home loans. The rush to refinance provided borrowers with good to excellent credit the opportunity to take advantage of low ... more...

Reverse Mortgage Providing Peace of Mind Without Sacrificing Safety or Security
For many seniors one of their greatest sources of security is their home. It not only provides a comfortable and familiar environment, but it provides a sense of independence and a source of many fond memories. The equity in that home represents a financial nest egg and a legacy for them to pass ... more...

Types of Loans
Loan Types What types of loans are available to me? There are many different types of mortgage offered to consumers. Some of the most popular mortgage broker are the FHA Home Loan (Federal Housing Administration) and the VA Loan . Because the FHA mortgage and VA mortgage are guaranteed by the ... more...

Home Loans and Mortgages Help for Hurricane Katrina Victims
Hurricane Katrina swept through the Gulf Coast region recently and left nothing but destruction in her wake. Thousands of people are homeless, jobless and penniless, and it is not currently known how long the local economy will take to recover. Adding to the problems associated with being ... more...