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who hold your mortgage in the US
dfhfx
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4-8-2008 10:21 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/57e95e7f-f3e8-44db-b5ad-990f9b181895/41F214EB-9073-4406-ADDA-B08FC70A760B/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://real-estate-law.freeadvice.com/mortgage_matters/fannie_mae_ginnie.htm" href="http://real-estate-law.freeadvice.com/mortgage_matters/fannie_mae_ginnie.htm" style="font-size: 11px;">real-estate-law.freeadvice.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://real-estate-law.freeadvice.com/mortgage_matters/fannie_mae_ginnie.htm"><table background="undefined" bgcolor=""><tr><TD align="left" class="newcontentheader" colspan="2">Real Estate Law - Mortgage Matters - Fannie Mae, Ginnie Mae, Freddie Mac</TD></tr></table></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://real-estate-law.freeadvice.com/mortgage_matters/fannie_mae_ginnie.htm"><table background="undefined" bgcolor=""><tr><TD align="left" class="contenttext" colspan="2"><STRONG>Who are fannie mae, ginnie mae, and freddie mac?</STRONG></TD></tr></table></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://real-estate-law.freeadvice.com/mortgage_matters/fannie_mae_ginnie.htm"><table background="undefined" bgcolor=""><tr><TD align="left" class="contenttext" colspan="2">Federal National Mortgage Association (FNMA or Fannie Mae), Government National Mortgage Association (GNMA or Ginnie Mae) and Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac) are all "secondary market lenders". Often many retail lenders actually receive their funds from a secondary market lender. These secondary lenders have assisted the national mortgage market by allowing money to move easily from state-to-state. The movement of loan funds helps to avoid a situation where mortgages are only available in certain areas or states. Also, the secondary lenders have established regulations and guidelines that help the general public. For example, the secondary market will not recycle a loan from a commercial lender unless the new homeowner meets specific financial qualifications.</TD></tr></table></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/41F214EB-9073-4406-ADDA-B08FC70A760B/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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