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  • Casual Articles - Fannie Mae and Freddie Mac: A Borrower's Best Friends

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    ble to grant more money to their customers. What Fannie Mae
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    Fannie Mae and Freddie Mac are corporations owned by stockholders that purchase mortgages and then resell them to investors. Because this ensures that the borrower’s capital is no longer tied up in the loan, banks and other lenders are able to grant more money to their customers. What Fannie Mae
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    olders that purchase mortgages and then resell them to investors. Because this ensures that the borrower’s capital is no longer tied up in the loan, banks and other lenders are able to grant more money to their customers. What Fannie Mae
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    stors. Because this ensures that the borrower’s capital is no longer tied up in the loan, banks and other lenders are able to grant more money to their customers. What Fannie Mae
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    o longer tied up in the loan, banks and other lenders are able to grant more money to their customers. What Fannie Mae
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    ble to grant more money to their customers. What Fannie Mae and Freddie Mac do with the mortgage once they buy it is put a cap on the amount of the loan, the credit score, income level, and down payment so they reduce their risk involved in the investment.

    Let’s say that as a borrower, you

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