Learning To Do Business With Fannie Mae
The Federal National Mortgage Association, commonly known as Fannie Mae is the leading source of financing for mortgage lenders. Fannie Mae is a major player in the secondary market and purchases homes from mortgage companies so that these companies may make new loans. With a Fannie Mae backed loan, mortgage companies are able to provide competitive 30-year, fixed-rate mortgage products that makes it affordable for home buyers to become a homeowners.
DOING BUSINESS WITH FANNIE MAE
"HomePath Pro" is Fannie Mae's designation for real estate listing agents. If you are a short sale professional, but not necessarily a designated Fannie Mae listing agent; they also have their own short sale portal for pre foreclosure listings. Fannie Mae works with several different diverse suppliers such as listing brokers, appraisers, property maintenance, etc. "Learn to do business with Fannie Mae" at the Empire Board's Wednesday General Meeting on February 15, 2017.
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