Posted On: 04/13/2013 5:08:30 AM
Post# of 1629
$FNMA DD by blue
FNMA ~expected $60 billion profit New DD with Links~
The Federal National Mortgage Association, commonly known as Fannie Mae(FNMA), is a stockholder-owned corporation chartered by Congress in 1968 as a government-sponsored enterprise (GSE), but founded in 1938 during the Great Depression . The corporation's purpose is to purchase and securitize mortgages in order to ensure that funds are consistently available to the institutions that lend money to home buyers.
Web Site:
FNMA ~expected $60 billion profit New DD with Links~
The Federal National Mortgage Association, commonly known as Fannie Mae(FNMA), is a stockholder-owned corporation chartered by Congress in 1968 as a government-sponsored enterprise (GSE), but founded in 1938 during the Great Depression . The corporation's purpose is to purchase and securitize mortgages in order to ensure that funds are consistently available to the institutions that lend money to home buyers.
Web Site:
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