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  2. Freddie Mac - Wikipedia

    en.wikipedia.org/wiki/Freddie_Mac

    The Federal Home Loan Mortgage Corporation ( FHLMC ), commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons, Virginia. [3] [4] The FHLMC was created in 1970 to expand the secondary market for mortgages in the US. Along with its sister organization, the Federal National Mortgage Association ( Fannie Mae ), Freddie Mac buys mortgages ...

  3. Federal Home Loan Banks - Wikipedia

    en.wikipedia.org/wiki/Federal_Home_Loan_Banks

    The FHLBank System was chartered by Congress in 1932, during the Great Depression. It has a primary mission of providing member financial institutions with financial products/services which assist and enhance the financing of housing and community lending. The 11 FHLBanks are each structured as cooperatives owned and governed by their member ...

  4. Transferring a mortgage: How it works - AOL

    www.aol.com/finance/transferring-mortgage-works...

    How a transfer of mortgage works. When you transfer a mortgage, another person assumes the financial responsibility of repaying the outstanding loan balance, under the same terms and conditions ...

  5. What is a savings and loan association (S&L)? - AOL

    www.aol.com/finance/savings-loan-association-l...

    A savings and loan association (S&L) is a financial institution that provides banking and home lending services. It is somewhat comparable to a bank or credit union (especially the latter) but has ...

  6. VA loan - Wikipedia

    en.wikipedia.org/wiki/VA_loan

    VA loan. A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes ...

  7. How many mortgage lenders should I apply to? - AOL

    www.aol.com/finance/many-mortgage-lenders-apply...

    Step 3. Understand all application costs Some mortgage lenders charge an application fee when you apply for a loan, which can run up to several hundred dollars and is usually non-refundable.

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