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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 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...

non conforming related definitions

Non Conforming Loan
Non Conforming Loan A loan that does not meet the Fannie Mae or Freddie Mac underwriting guidelines. This is also known as a portfolio mortgage. The loan can't be sold on the secondary market so it must keep it and service it in its own portfolio. Non-conforming loans have ... more...

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...

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Choosing the Right Credit Counseling Agency for You Some Tips Part 2
Credit counseling companies come in all shapes and sizes. Whether you are looking at working with a local credit counseling organization or a national credit counseling organization there are some very important factors to calculate before choosing the right credit counseling option for you. Here ... more...

Litigation Funding Is Here To Stay
By now, every personal injury attorney has heard of litigation funding - the non-recourse sale of a portion of a plaintiffs future settlement proceeds in exchange for cash today. In recent years, the availability and use of litigation funding has grown rapidly and most attorneys now recognize the ... more...

Debt Consolidation Company Information - Compare Debt Consolidation Companies Online
Not all debt consolidation companies are the same. Some are in the business of offering you a service to pay off your bills and clean up your credit history. Others take advantage of your situation and scam you out of your money. To protect yourself from such companies, compare programs based on ... more...

Warning: Today's "Non Profit Credit Counselors" Are Yesterday's Bill Collectors!
Here's a dirty secret, today's "non profit credit counselors" are often just front organizations paid lucrative commissions by creditors to keep consumers from declaring bankruptcy!In the "debt collection biz", creditors will sell your outstanding debt along with the debt of hundreds of others to a ... more...

Routing, Routed, and Non-Routable Protocols
ROUTING PROTOCOLSA generic term that refers to a formula, or protocol, used by a router to determine the appropriate path over which data is transmitted. The routing protocol also specifies how routers in a network share information with each other and report changes. The routing protocol enables a ... more...

Debt Consolidation Solution How To Know What Your Solution Is
If youre struggling with debt, you may find that debt consolidation could be your solution. There are a few basic types of debt consolidation, and familiarizing yourself with their primary features will help to choose the best debt consolidation solution for your individual financial situation.Debt ... more...

Bankruptcy - All About Chapter 7 Bankruptcy
The most common type of Bankruptcy that is filed for is Chapter 7 Bankruptcy. This is a liquidation bankruptcy rather than a reorganization bankruptcy. This means that assets will be sold to clear the debt or debts.It starts by the person in debt listing their assets. With Chapter 7 Bankruptcy the ... more...

Lung Cancer: The Bad and the Worse
In terms of deaths caused by various forms of cancer, lung cancer ranks second only to breast cancer. The National Cancer Institute recently reported that an estimated 172,570 new cases of lung cancer will be reported this year and that 163,510 American will die from this disease.Lung cancer is ... more...

The 12 Most Pesticide-Ridden Fruits and Veggies
I will never forget the day my mom told me to wash strawberries. As a typical inquisitive 4 year old, I asked, 'Why?' Because fruit pickers pick their nose was her response. I then washed them - sometimes.Now as a 31 year old, I buy organic produce which must mean it is free from boogers and by all ... more...

Financing Houses
What Real Estate Lenders Look ForLenders control many programs -- some make use of over 200! Generally, lenders look for the following typical standards, with many exceptions:1. Absolutely no late mortgage payments 2. Credit score above 580 3. If bankruptcy, no charge-offs or collection accounts ... more...

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