Fannie Mae

mortgage market allows bank to sell mortgages to certain investors and government lending agencies. This is where both Fannie Mae and Freddie Mac come into play. Although the names of both of these agencies sound similar there is one key difference between the two agencies. Let's look at what each of these agencies has to do with the mortgage and housing industry. Fannie Mae Fannie Mae also known as the Federal National Mortgage Association, is an enterprise that is government-sponsored, they…

on information collected by Fannie Mae in 2012 through industry wide Energy and Water Market Research Survey. Fannie Mae surveyed more than 1100 multifamily properties across the country to collect comprehensive data about energy and water from the property managers and owners. This dataset was then reviewed to remove any properties with missing or incorrect information associated with consumption and cost of energy and water. After cleaning the dataset, Fannie Mae published subset of 955…

Recommendation Policy makers are actually making a trade-off on the way to create and expand a GSE. This off-budget vehicle that funnels government subsidiaries to favorable motive was, in turn, bringing risks for the government. Effective accountability and supervision are a must-have to limit the risks. Stanton (2007) had few view points on the matter of accountability. The author believes that effective operations and balance between flexibility and accountability are vital. Failure…

There was a long term American Policy of promoting home ownership. The main aim was to make the financing of a new home as easy as possible for the homebuyer. Overtime, various financial institutions have been set up to promote homeownership such as Fannie Mae (The Federal National Mortgage Association). This government sponsored enterprise (GSE) was founded during the great depression by Congress, its aim was to stimulate the housing market by making more mortgages available to moderate-to-low…

The reasons of the fraud are results from privileges that both Fannie Mae and Freddie Mac are granted from the U.S. Congress. They are government-sponsored enterprises which are chartered by the Congress, enjoy special privileges from the Federal Government such as exemption from federal and state income state, credit support from the U.S. Treasury; moreover, they are not subject to standard financial disclosures. Lack of effective and sufficient internal control is also another reason for this…

on the global financial crisis. I will discuss the cause of the financial crisis, the affect the financial crisis had on the entire world, and the response to the financial crisis by the United States. Keywords: Global Financial Liberalization, Fannie Mae, Freddie Mac, and Asian Financial Crisis Financial Crisis Our nation has encountered a few financial crises throughout our history. One that we all may remember is the great depression. A financial crisis occurs when there is not…

20. If you didn't have to go to school, what would you be doing the entire day? 21. Who do you think is the sexiest celebrity on the planet? 22. If you were given a choice of playing basketball, baseball or football, what would it be? 23. What was the ugliest rumour that people made about you? 24. Have you ever failed in a final exam and was detained in the same class? 25. Have you ever played a prank on a class teacher and gotten away with it? Valentines party games for guys: 1. Who…

Mae Carol Jemison is an African-American physician and NASA astronaut. On June 4, 1987, she became the first African American woman to be admitted into the astronaut-training program. On September 12, 1992, Jemison flew into space with 6 other astronauts aboard the Endeavour on mission STS47. On that day, she became the first African-American woman in space. Mae Jemison was born on October 17, 1956 in Decatur, Alabama. She grew up in an extended family home with both of her biological parents;…

Boating Tips for Autistic Children Many people find boats and the motions of the water to be calming, and many autistic children may feel the same way. There’s no reason why boating can’t be a pleasurable experience for your child, despite their special needs. In fact, Lori Mcllewan, the chairperson of the National Autism Association agrees that water can be a comfort because “it helps them to maintain a sense of balance and feel a sense of weightlessness.” However, there needs to be preparation…

likely not the only person who identifies with those statements, but they will list them nonetheless. Generally the “I Am” statements that a person gives are the components of their identity that they cling to most strongly. In Rubyfruit Jungle by Rita Mae Brown, Molly anchors her identity to the fact that she is strong and capable, her own hero. Ziggy, the main character of Try by Dennis Cooper, alternately places the fact that he is…