Fannie Mae
A government-sponsored enterprise that buys and guarantees mortgages
Full Definition
Why It Matters
Understanding fannie mae helps you make informed decisions about your mortgage. This knowledge can save you money and help you avoid common pitfalls in the homebuying process.
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Frequently Asked Questions
Fannie Mae refers to a government-sponsored enterprise that buys and guarantees mortgages. This is an important concept in mortgage lending that affects how your loan works.
Understanding fannie mae can help you make better decisions about your mortgage. Contact NMHL for personalized guidance on how this applies to your situation.
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