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what is a fannie mae loan

what is a fannie mae loan and its types

Fannie Mae is a government-sponsored enterprise that creates and invests in mortgage loans. Its loan are either securitized and sold to investors, or held in its own portfolio. Fannie Mae offers several different loan programs, including the HomeReady® program, which is designed for low- and moderate-income borrowers. 1. What is a Fannie Mae Loan? Fannie…

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