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  2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

    www.aol.com/lifestyle/smart-buy-foreclosed-home...

    Freddie Mac offers a similar program through HomeSteps to sell off its REO properties. The program only operates in a handful of states, but it waives mortgage insurance even for down payments ...

  3. Buy a Foreclosure, Get a Break on Closing Costs - AOL

    www.aol.com/2011/05/18/buy-a-foreclosure-get-a...

    Freddie Mac is stepping in to make buying a bank-owned home a sweeter deal for you, reports Inman News. The agency is offering help with closing costs for buyers of Freddie Mac-owned properties.

  4. Freddie Mac - Wikipedia

    en.wikipedia.org/wiki/Freddie_Mac

    The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is an American publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons, Virginia. [ 3 ] [ 4 ] The FHLMC was created in 1970 to expand the secondary market for mortgages in the US.

  5. What is a foreclosure? How it works and how to avoid it - AOL

    www.aol.com/finance/foreclosure-works-avoid...

    After several missed payments, your lender can start the foreclosure process. ... You may be able to apply for forbearance if you have a federally-backed loan from Fannie Mae or Freddie Mac.

  6. Government National Mortgage Association - Wikipedia

    en.wikipedia.org/wiki/Government_National...

    Ginnie Mae is similar to Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) with the difference being that Ginnie Mae is a wholly owned government corporation whereas Fannie Mae and Freddie Mac are "government-sponsored enterprises" (GSEs), which are federally chartered corporations ...

  7. Federal Home Loan Banks - Wikipedia

    en.wikipedia.org/wiki/Federal_Home_Loan_Banks

    For a list of articles discussing the Federal Home Loan Bank System, Fannie Mae, and Freddie Mac, see Fannie Mae and Freddie Mac: A Bibliography. Susan M. Hoffman and Mark K. Cassell, eds. Mission Expansion in the Federal Home Loan Bank System (State University of New York Press; 2010) 208 pages; Thomson, James B. and Matthew Koepke.

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