01/11/2012
ABC Mortgage Company
6543 Street
Dallas Tx 75022
Repurchase Request
Origination Loan Number: 123456789
Issuer Loan Number: 987654321
Borrower Name: John Doe
Property Address: 1234 My Street
Dallas TX 75098
To Whom It May Concern:
On behalf of FANNIE MAE, identified a breach of the Representations and Warranties that were made by you, the original mortgage loan seller, ABC MORTGAGE COMPANY.
Pursuant to the Mortgage Loan Purchase Agreement, Ace Risk requests that this loan be reviewed for repurchase based on the following issues:
This loan case file is ineligible for FHA financing, as the seller contributions exceed the maximum allowed by FHA guidelines. Amounts in excess of current guidelines should be entered as Seller Concessions.
A Fannie Mae SAM vendor is a company that has been approved by Fannie Mae to perform work for them.
Sallie Mae is in the business of student loans while Fannie Mae is in the business of home loans.
The Mae is like May, the month.
The ticker symbol for Fannie Mae is FNM and it is traded on the New York Stock Exchange.
Mae is a creative pronunciation for Mortage Association
WHAT YEAR DID FANNIE MAE START?
A Fannie Mae SAM vendor is a company that has been approved by Fannie Mae to perform work for them.
The Fannie Mae Foundation no longer exists.
Fannie Mae - song - was created in 1959.
Sallie Mae is in the business of student loans while Fannie Mae is in the business of home loans.
Fannie Mae's website is reliable, but please make sure that you are actually at the Fannie Mae website and not a phishing website. Look for the Fannie Mae logo at the left of the address bar in your browser, and make sure the name is spelled correctly in the URL (website address).
The Mae is like May, the month.
The ticker symbol for Fannie Mae is FNM and it is traded on the New York Stock Exchange.
Mae is a creative pronunciation for Mortage Association
The term "Fannie Mae" comes from the abbreviation for the true name of Fannie Mae--the Federal National Mortgage Association (FNMA). FNMA is a government-sponsored entity. For more, see http://www.fanniemae.com/kb/index?page=home&c=aboutus
Even if Fannie Mae is guaranteeing your mortgage, it is most likely that the company servicing your account (the ones you send payments to) is the place for you to contact to see your mortgage information. Fannie Mae is in a sense an investment house.
Fannie Mae and Freddie Mac were not the reason behind the economic crisis.