Mortgage Broker Company - The Olden Days - Where Did Mortgage Money Come From?

In the old days you walked downtown to your nearest savings and loan bank and if the bank had extra money hanging around and considered you a good credit risk they would lend you their money.

As you can see it doesn’t happen like that anymore.  Most money for mortgages comes from 3 major institutions - Fannie Mae, Freddie Mac and Ginnie Mae.  (nice family huh?

    • No Comments »

    No comments yet.

    RSS feed for comments on this post. TrackBack URI

    Leave a comment

    If you want to leave a feedback to this post or to some other user´s comment, simply fill out the form below.

    (required)

    (required)