Home Buying Information

Get information on Fannie Mae/Freddie Mac, buying HUD homes and what that means to your home buying experience!

Fannie Mae

(From www.fanniemae.com )

As the leading source of residential mortgage credit in the U.S. secondary market, Fannie Mae is supporting today's economic recovery and laying the foundation for a better housing finance system. We exist to provide large-scale access to affordable mortgage credit in all communities across the country at all times so people can buy, refinance, or rent a home.

We are working to establish and implement industry standards‚ develop better tools to price and manage credit risk‚ build new infrastructure to ensure a liquid and efficient market‚ and facilitate the collection and reporting of data for accurate financial reporting and improved risk management.

Ultimately‚ we measure our progress not only by paying taxpayers and improving the housing finance system‚ but also by the difference we make in people’s lives.

 


 

Freddie Mac

 

In 1970, Congress created Freddie Mac with a few important goals in mind:

 

  • Make sure that financial institutions have mortgage money to lend
  • Make it easier for consumers to afford a decent house or apartment
  • Stabilize residential mortgage markets in times of financial crisis

 

To fulfill this mission, Freddie Mac conducts business in the U.S. secondary mortgage market – meaning we do not originate loans – and works with a national network of mortgage lending customers. We have three business lines: a Single Family Credit Guarantee business for home loans; a Multifamily business for apartment financing; and an investment portfolio.

 

 

Through our business lines, we play a critical role in financing affordable housing for America's families.

 

User Login