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Fannie Mae and Freddie Mac
Fannie Mae and Freddie Mac are the biggest supplier of mortgage funds in the US.

http://www.brokeroutpost.com/reference/27374.htm (Updated: 06/30/2008)
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Million Mortgage Loan
$1 Million Mortgage Loan to $40 Million Mortgage Loan programs are referred to in the lending industry by the terms "super jumbo mortgage" or even "mega jumbo loan" Jumbo mortgages are loans which

http://www.brokeroutpost.com/reference/128780.htm (Updated: 10/09/2007)
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Fannie Mae Explained
Fannie Mae and Freddie Mac reduce the costs of borrowers, who meet the underwriting requirements of the agencies, and who need loans no larger than the largest mortgage the agencies are allowed by law

http://www.brokeroutpost.com/reference/20194.htm (Updated: 09/05/2007)
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GSE Backed Loans
With all of the headlines in recent times about mortgage lenders tightening loan standards, the phrase GSE Backed Loans keeps popping up as a safe haven for lenders and borrowers alike. What is a GSE

http://www.brokeroutpost.com/reference/157014.htm (Updated: 08/31/2007)
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Why was my mortgage sold on the secondary market?
Why was my mortgage sold to another mortgage company and what is the secondary market? When you use a mortgage broker, your mortgage is brokered to a lender that offers either subprime products or con

http://www.brokeroutpost.com/reference/146432.htm (Updated: 08/04/2007)
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Mortgage banker
A company that originates loans and resells them to secondary mortgage lenders like :Fannie Mae or Freddie Mac.

http://www.brokeroutpost.com/reference/11031.htm (Updated: 05/27/2007)
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ARM - Index
ARM loans, or Adjustable Rate Mortgages almost all have a feature which can greatly affect how much your monthly mortgage payment or mortgage rate may increase after the introductory fixed rate period

http://www.brokeroutpost.com/reference/105909.htm (Updated: 05/26/2007)
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Conforming loan
Conforming loans meet two criteria: 1. They cannot exceed the current year's maximum loan amount limits. The 2005 conforming loan limit is $359,650 2. They also must conform to the credit histo

http://www.brokeroutpost.com/reference/15423.htm (Updated: 05/23/2007)

California Mortgage Loans ( CA Mortgage )
There are many mortgage loan programs available in the state of California. Some of the more common loan programs available for refinance or purchase are: - 100% Financing - 80 20 No MI - 115% C

http://www.brokeroutpost.com/reference/71683.htm (Updated: 05/14/2007)

New York Mortgage Loans ( NY Mortgage )
There are many mortgage loan programs available in the state of New York. Some of the more common loan programs available for refinance or purchase are: - 100% Financing - 80 20 No MI - 115% Cas

http://www.brokeroutpost.com/reference/71695.htm (Updated: 04/13/2007)

What are Fannie Mae and Freddie Mac?
Fannie Mae stands for the Federal National Mortgage association and was established in 1968. Freddie Mac stands for The Federal Home Loan and Mortgage Corporation. Both are Government Sponsored Ente

http://www.brokeroutpost.com/reference/102239.htm (Updated: 03/14/2007)
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Conforming Loan
A conventional mortgage that conforms to the loan amounts and mortgage guidelines used by the Federal National Mortgage Association (FNMA or "Fannie Mae"), and or the guidelines of The Federal Home Lo

http://www.brokeroutpost.com/reference/65140.htm (Updated: 11/08/2006)
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Can I cancel my Mortgage Insurance (MI)?
Cancelling Mortgage Insurance is a very complicated issue, affected by factors such as: When the mortgage originated? Who eventually purchased the mortgage (Fannie Mae Freddie Mac)? Has the prope

http://www.brokeroutpost.com/reference/15640.htm (Updated: 02/16/2006)

Ginnie Mae
Government National Mortgage Association (GNMA); a government-owned corporation overseen by the U.S. Department of Housing and Urban Development, Ginnie Mae pools FHA-insured and VA-guaranteed loans t

http://www.brokeroutpost.com/reference/11011.htm (Updated: 02/01/2006)


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