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WHAT YEAR DID FANNIE MAE START?
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∙ 15y ago
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Who was president of the US when fannie Mae was started?
RICHARD nIXON
Which president was in office when fannie Mae and Freddie mac mortgage comp first started?
fannie mae= 1938- Democratic President Roosevelt freddie mac= 1970- Republican President Nixon
Can the fed charter corporations?
Not really although they do have "dotted line" influence over such orgs as the Federal Reserve and Fannie Mae.
How did fannie Mae become involved with the government?
Part of Roosevelt's depression recovery program. It was one of many "GSE" or government sponsored enterprises. Fannie Mae was later privatized. Greenspan and Bernanke have described Fannie Mae and Freddie Mac as private corporations, having an ambiguous relationship with our the federal government. As private corporations, they could generously reward their CEO's during the housing boom and have limited disclosure of their loans. Obviously, the take over removes this ambiguity. See: http://en.wikipedia.org/wiki/Fannie_Mae
Why did the federal government take over fannie Mae and Freddie mac?
The federal government took control of Fannie Mae and Freddie Mac on Sunday in a bid to keep the two mortgage giants from failing, catastrophes that would have made home loans harder to get and taken the nation's housing collapse to a new level of crisis.
What is the definition of fannie Mae sam vendor?
A Fannie Mae SAM vendor is a company that has been approved by Fannie Mae to perform work for them.
When was Fannie Mae - song - created?
Fannie Mae - song - was created in 1959.
Who is president of fannie Mae foundation?
The Fannie Mae Foundation no longer exists.
How does Sallie Mae differ from Fannie Mae?
Sallie Mae is in the business of student loans while Fannie Mae is in the business of home loans.
What is the best performing mutual fund in the past ten years?
The worst listed has to be Fannie Mae Fannie Mae No. 25: Fannie Mae Current Stock Quote: FNM Price on 6/30/98: $60.75 Price on 6/30/08: $19.5110-Year Return: -68%
Is Fannie Mae a reliable website?
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).
How do you pronounce Fannie Mae?
The Mae is like May, the month.
What is the ticker symbol for Fannie Mae?
The ticker symbol for Fannie Mae is FNM and it is traded on the New York Stock Exchange.
What is the origin of Mae in Fannie Mae and Sallie Mae?
Mae is a creative pronunciation for Mortage Association
What is the origin of fannie in Fannie Mae?
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
How do you get fannie Mae to show your mortgage?
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.?
Fannie Mae and Freddie Mac were not the reason behind the economic crisis.
