Mortgage Broker Company -Fannie Mae And Fredding Mac

Fannie Mae is the nickname for Federal National Mortgage Association. It is a government-chartered non-bank financial services company. It is the nation’s largest source of financing for home mortgages. It was started to make sure mortgage money is available in all areas of the country.
Freddie Mac is the nickname for Federal Home Loan Mortgage Corp (FHLMC). It is a federally controlled and operated corporation to support the secondary mortgage market. The corporation purchases and sells residential conventional home mortgages.