Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about non conforming: 
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...

More about non conforming

Get Free non conforming 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...

How to Select the Best Factoring Finance Company for your Business
What is factoring? Factoring is an innovative method of business financing that allows clients to get an accelerated payment on their slow paying invoices. Traditionally, when a company offers its services to another business, they need to wait between thirty to sixty days to get paid. Although ... more...

Use Homeowner Personal Loans to Finance Your Needs the Secured Way
Personal loans taken by homeowners need not necessarily be secured. It is true that more and more homeowners are lured into taking secured loans. Several advantages that only secured loans can let them enjoy are recounted by the loan providers. Nevertheless, homeowners now form an important ... more...

Help for the Single Mother with Managing Credit and Debt
Today's consumers benefit drastically from the usefulness of credit. Credit cards are especially useful for large purchases, emergency situations, making reservations, identification, and protection from fraud. Unfortunately, millions of consumers abuse credit cards beyond their financial earnings ... more...

Non-Profit Debt Consolidation Rebuild Credit with a Debt Consolidation
Non-profit debt consolidation companies can help you rebuild your credit. By managing your payments and creditor relations, they can get you out of debt sooner. They can also lower your rates on some types of debt, such as credit card accounts. Not as detrimental to your credit score as a ... more...

Debt Consolidation can Ruin Your Credit
Yes, Debt Cosolidation isn't a good idea and I'll tell you why. I've done research of my own and found out some disturbing information.You've seen those long drawn out commercials full of promises to get you ouy of debt. They use words like "non-profit" and "conseling". To get you suckered in, then ... more...

Why Invest In Commercial Properties Instead Of Residential?
When investors were leaving the stock market in droves, they turned to investing in real estate. And real estate is an excellent choice compared to stocks. The tax deductions and potential for price appreciation are enough reasons for burned out stock market investors to make the switch.But real ... more...

What About a Bank Loan?
Though online loans have increased tremendously the recent years, you can still apply for a loan through a bank like Bank of America, Washington Mutual, Chase or another. Most of the nationwide banks have branches in most cities so if you choose to apply for a bank loan from one of these banks in ... more...

Some Evidence of How We Are Spiritually Connected
It has long been surmised that emotional trauma can lead to physical illness. It is also conceptualized that such toxic trauma fragments may exist at the level of our energy fields. Treatments such as EFT ( Emotional Freedom Technique), TFT (Thought Field Therapy), TT (Therapeutic Touch) and others ... more...

How to Obtain a Non ChexSystems Bank Account Without Being Scammed
Predatory lending exists in the mortgage industry. It's typically when a mortgage broker add's on unnecessary fee's to a bad credit application, because he or she knows that the applicant is in a desperate situation.Predatory banking can also exist for those who have ended up in the ChexSystems ... more...

Consolidated Freight Bankruptcy; What does it mean?
Consolidated Freight Bankruptcy-What does it mean?Research-Transportation SectorWhat does the Consolidated Freight Bankruptcy really mean to you and I? Well; Consolidated Freightways operated one of the world's largest less-than-truck-load (LTL) transportation networks. The company's highly skilled ... more...

Return to previous page   More articles on non conforming
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009