Fannie Mae is a government-sponsored enterprise that provides affordable mortgage financing to homebuyers and renters. Their website provides information for homebuyers, homeowners, and industry professionals on various topics such as financing options, foreclosure prevention, property management, and sustainable homeownership. The site also includes resources for lenders, servicers, and investors, including news and updates on the mortgage industry. Overall, fanniemae.com is a comprehensive resource for anyone looking to navigate the complex world of home financing and homeownership.

Fannie Mae Vs. Freddie Mac | Bankrate Here's an explanation for . In 1938, the government created Fannie Mae, or the Federal National Mortgage Association, amid the struggles of the Great Depression.bankrate.comThe goal of Fannie Mae was to create a more reliable source of funding for homebuyers, opening doors for more Americans, figuratively and literally.

However, escrow deposits for the payment of premiums for borrower-purchased mortgage insurance (if applicable) are mandatory. See B2-1.3-03, Cash-Out Refinance Transactions for more information.selling-guide.fanniemae.comFannie Mae advocates the establishment of an escrow account for the payment of taxes and insurance, particularly for borrowers with blemished credit histories or first-time homeowners.

They provide liquidity (ready access to funds on reasonable terms) to the thousands of banks, savings and loans, and mortgage companies that make loans to finance housing.fhfa.govFannie Mae and Freddie Mac were created by Congress. They perform an important role in the nation’s housing finance system – to provide liquidity, stability and affordability to the mortgage market.