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2. Fannie Mae - Wikipedia

   en.wikipedia.org/wiki/Fannie_Mae

   Fannie Mae. The Federal National Mortgage Association ( FNMA ), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, [3] the corporation's purpose is to expand the secondary mortgage market by ...

3. What is Fannie Mae? All about America’s big mortgage ... - AOL

   www.aol.com/finance/fannie-mae-america-big...

   Fannie Mae was established by the Congressional Fannie Mae (FNMA) Charter Act in 1938. In the wake of the Great Depression, nearly a quarter of U.S. homeowners lost their properties to foreclosure ...

4. First-Time Homebuyer’s Guide to Mortgage Loans ... - AOL

   www.aol.com/first-time-homebuyer-guide-mortgage...

   Fannie Mae Standard. Fannie Mae standard home loans also let you purchase with just 3% down as long as at least one borrower is a first-time homebuyer. Standard loans have no income limits. Down ...

5. Mortgage rates top 7% following hotter-than-expected ...

   www.aol.com/finance/mortgage-rates-crest-7...

   Homes listed for sale in March. (Credit: Justin Tallis, AFP via Getty Images) ... Fannie Mae now predicts rates will end the year at 6.4%, up from the 5.9% predicted a month ago. Sellers also seem ...

6. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   Role of Fannie Mae and Freddie Mac Franklin Raines earned $90 million in salary and bonuses while he was head of Fannie Mae. Fannie Mae and Freddie Mac are government sponsored enterprises (GSE) that purchase mortgages, buy and sell mortgage-backed securities (MBS), and guarantee nearly half of the mortgages in the U.S. A variety of political ...

7. Government policies and the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_policies_and...

   Fannie Mae was the biggest buyer of Countrywide's mortgages. [207] On September 10, 2003, U.S. Congressman Ron Paul gave a speech to Congress in which he argued that the then-current government policies encouraged lending to people who couldn't afford to pay the money back, and he predicted that this would lead to a bailout, and he introduced a ...