The evolution of a mission

Foster, Doug
May 1995
Mortgage Banking;May95, Vol. 55 Issue 8, p12
Reports on the evolution of mission and structure of the US Federal National Mortgage Association (Fannie Mae) and US Federal Home Loan Mortgage Corp. (Freddie Mac). Establishment of the two agencies; Issuance of the first mortgage-backed security (MBS); Fostering of home ownership and elimination of racial discrimination in mortgage lending.


Related Articles

  • Every Day, the Fate of Fannie And Freddie Is More in Question. Muolo, Paul // National Mortgage News;7/5/2010, Vol. 34 Issue 39, p16 

    The article discusses the author's view regarding the condition of Freddie Mac and Fannie Mae in the U.S.

  • Fannie Mae matches Freddie Mac.  // Mortgage Banking;Feb96, Vol. 56 Issue 5, p7 

    Reports on Fannie May's announcement that it would increase its loan limits for 1996 by 1.9 percent over the previous level matching the level set by Freddie Mac.

  • Lending laboratories. Schneider, Howard // Mortgage Banking;Mar97, Vol. 57 Issue 6, p12 

    Focuses on the US Federal National Mortgage Association and the Federal Home Loan Mortgage Corp.'s adoption of automated underwriting (AU), a measurement tool used on conventional conforming loans to help fine tune their automation initiatives. AU capabilities for loan approvals; Benefits of...

  • Stars line up for Freddie, Fannie deal. Holzer, Jessica // Hill;5/20/2008, Vol. 15 Issue 58, p1 

    The article reports on the announcement by U.S. Senators about the bipartisan deal to strengthen the rules between Fannie Mae and Freddie Mac.

  • German Bank Will Keep Its GSE Bonds.  // American Banker;8/1/2003, Vol. 168 Issue 147, p9 

    Focuses on Bundesbank in Germany, which says it has no plans to sell its holdings of the Federal Home Mortgage Corp.(Freddie Mac) and Federal National Mortgage Association (Fannie Mae) bonds despite a recommendation to do so by the European Central Bank. Reason that the central bank in Europe is...

  • Fannie-Freddie volume battle a standoff in second quarter. Prakash, Snigdha // American Banker;8/3/1994, Vol. 159 Issue 148, p6 

    Reports on the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corp.'s (Freddie Mac) equal market share for the second quarter of 1994. Fannie Mae's reduction of its guarantee fees for lenders and negotiation for more flexible credit terms; Percentage of...

  • Fannie Mae's and Freddie Mac's Changing Roles and Reform Initiatives.  // Financial Update;Apr-Jun2002, Vol. 15 Issue 2, p5 

    Discusses issues concerning the Federal National Mortgage Association and Federal Home Loan Mortgage Corp. in the U.S., as of April 2002.

  • Fannie, Freddie urged to ease equity role. Prakash, Snigdha // American Banker;11/17/1993, Vol. 158 Issue 220, p8 

    Reports on mortgage bankers' recommendations for the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp. to ease equity rule for the benefit of homeowners. Purchase of refinanced mortgages with loan-to-value ratios of up to 95 percent; Two groups of consumers affected.

  • Fannie hiking insurance on low-equity mortgages. Prakash, Snigdha // American Banker;11/3/1994, Vol. 159 Issue 213, p1 

    Reports on the announcement by Fannie Mae that it would require more mortgage insurance on loans with down payments of less than 15 percent. Comment by Franklin Raines, company vice chairman; Requirement features; Previous announcement by Freddie Mac.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics