Answers
Fannie Mae - 12
general knowledge
Because they cater to individual homebuyers, rather than investors.
Because it securitizes mortgages making funds available to lending institutions that cater to the majority of home owners opposed to investors..
Visablity in the marketplace
Most people purchasing a home waited until they had a good, qualifying credit score
no
It is the one most talked about.
absolute scam
Fannie Mae funds conforming loans which are most common
Probably the oldest of the three.
Because makes more funds available to lending institutions that cater to the potential home buyers.
Established since 1938
Freddie Mac - 2
By intuition.
Freddie Mac is the most popular of them all reason being it has attatched it sefl to more home loans.
Ginnie Mae - 2
Better performing mortgages and LTV in portfolio
All people i have spoken to that have underwater home loans that they are trying to work out with the banks under the HARP program have been told that their loans are held by 'GINNIE MAE', and that it is not a participant in that program and have been denied assistance......