Fannie Mae at Real Estate Glossary
What is it? The official name of the Federal National Mortgage Association, it is a congressionally chartered, shareholder-owned company that buys mortgages from lenders and resells them as securities on the secondary mortgage market.Real Estate Definition Added By: Andrew
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Other Similar Real Estate Terms:
Real Estate Term Biweekly Loan is A loan with twice-monthly payments to match a borrowers payroll schedule.Real Estate Term Environmental Impact Statement is Required by the National Environmental Policy Act and applies to federal government actions or legislation, it includes relevant data about an action and an analysis of its effect on the environment.
Real Estate Term Walk-through is A buyers final inspection of the home to determine if conditions in the purchase agreement have been satisfied.
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