Fannie Mae tries out zero-down mortgages
Article Abstract:
The Federal National Mortgage Assn, a goverment-chartered private corporation, has begun purchasing home loans that cover 100% cost, spurred by demands from lenders who are its clients. The practice of purchasing zero-down mortgages will only be implemented by the company on a limited, trial basis with a select group of lenders, which the company is yet to disclose.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
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Home sales rocket on low-interest fuel
Article Abstract:
The author examines the steady increases in home purchasing. Topics include U.S. economic conditions, home buying, fixed and adjustable rate mortgages and the surveys of the real estate industry.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2003
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