Federal National Mortgage Association, to Oughterson Chelsea, 2445 W 28th Ave, Eugene, 97405; $230,000.
McDonald (a former Labour Member of the UK Parliament, 1976-1987, and Opposition Spokesman on Treasury and Economic Affairs) places the activities of Fannie Mae and Freddie Mac (a.k.a., respectively, the
Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation) at the heart of the US mortgage crisis which played a key role in blowing up the US and the world economy beginning in 2008.
A crucial step, writes Louis Hyman, a historian at Cornell's ILR School, was the creation of the Federal Housing Administration (FHA) and
Federal National Mortgage Association (Fannie Mae) during the Great Depression.
At the same time, home builder confidence improved for eight straight months and the
Federal National Mortgage Association, aka Fannie Mae, said it expects total home sales to increase by around 8 percent in 2013.
The continuing changes to the FNMA (
Federal National Mortgage Association, known as Fannie Mae), FHLMC (Federal Home Loan Mortgag Corp., or Freddie Mac) and investor guidelines require a diligent awarenes!
Fannie Mae (real name
Federal National Mortgage Association) came to life in 1938 as part of Franklin Delano Roosevelt's New Deal.
The
Federal National Mortgage Association (FNMA) (OTCBB: FNMA), commonly known as Fannie Mae, has sold a two-year benchmark issue of USD8bn at a yield of 0.517 percent, Dow Jones has reported.
Through the third quarter of 2009, fewer than two million mortgages had been modified or had their payments otherwise adjusted under the federal modification programs --including those of the Federal Deposit Insurance Corp., the
Federal National Mortgage Association (Fannie), the Federal Home Loan Mortgage Corp.
executive Kathleen Wilson-Thompson joined the company as senior vice president and chief human resources officer, and Charles Greener, previously chief communications and marketing officer at the
Federal National Mortgage Association, came on board as vice president of corporate affairs and communications, a new position.
Bush talked about the economy, blaming a lack of responsible regulation in the lending industry for the recession, and said that the
Federal National Mortgage Association, known as Fannie Mae, and the Federal Home Loan Mortgage Corp., or Freddie Mac, shouldn't have engaged in certain financial practices.
The
Federal National Mortgage Association, also known as Fannie Mae, and the Federal Home Loan Mortgage Corp., also known as Freddie Mac, support mortgage lending in the United States by buying loans.