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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... Questions About Lender Rate Sheets December 19, 2005 "What are rate sheets?" Rate sheets are tables of interest rates and points (henceforth "prices") prepared by a lender. The prices are those the lender is willing to accept at the time the sheet is distributed. "Who gets rate ... more... |
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fannie mae rates related definitions |
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Jumbo Loan
Jumbo Loan A loan that is larger than the limits set yearly by Fannie Mae and Freddie Mac ($359,650 as of 1/1/2005). Because jumbo loans cannot be funded by these two agencies, jumbo loans usually carry a higher interest rate. Also called a non-conforming loan. For Alaska, ... 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... |
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More about fannie mae rates Adjustable Rate Mortgage - Is This The Right Type Of Loan For Me? Keep Your Eye Focused On Treasury Bond Rates To Adjust Your Current Mortgage Rates Mortgage Loan Basics: Interest Only Loans, Pay Option ARM Low Mortgage Rates - Rates Today Are Still Low Enough To Consider Student Loan Consolidation Rates - Helpful Tips Student Loan Consolidation - How To Get The Best Rates And Plans? How Ginnie Mae and Mortgage-Backed Securities Help You Get in a Home First Mortgage Rates Low Interest Mortgage Rates - How To Find The Lowest Interest Rates On Real Estate Loans Don't Be Scared By Interest Rates
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