Payments: $700,000.01 / month – $800,000.00 / month
Disclaimer: all information on this website including but not limited to calculations and numbers is published for informational purposes only and can not be used for anything, including but not limited to any calculations for any kinds of loans. Authors of this website are not responsible for any damage caused by use of any data on this website.
"Fannie Mae has traditionally only bought and sold mortgages. But when a loan held by the company goes into foreclosure, Fannie Mae gains ownership of the underlying property until it is resold to new investors."