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Fannie Mae Condo Form

Fannie Mae Condo Form

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even if you've never purchased a home you've probably heard of fannie mae this government-sponsored enterprise also known as a gse plays a crucial role in funding the housing market and ensuring that homeowners can access a range of affordable loans but they don't lend money themselves which can leave homeowners confused about where they fit into the picture what is fannie mae [Music] fannie mae or the federal national mortgage association was created by congress to help liquidate the housing market while it doesn't originate or underwrite mortgages it does buy them from banks credit unions and other mortgage lenders injecting cash into the market and driving down interest rates then it sells and guarantees loans on a secondary mortgage market currently fannie mae alongside its competitor freddie mac purchases around 66 of america's mortgages before we dive any deeper let's run through a brief history and overview of fannie mae fannie mae

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