answersLogoWhite

0

The main difference between Fannie Mae and Ginnie Mae is that Fannie Mae is a government-sponsored enterprise that buys and guarantees mortgages, while Ginnie Mae is a government agency that guarantees mortgage-backed securities issued by lenders.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Continue Learning about Finance

What is the difference between Freddie Mac and Fannie Mae?

The main difference between Fannie Mae (FNMA; Federal National Mortgage Association) and Freddie Mac (FHLMC; Federal Home Loan Mortgage Corporation) is that Fannie May primarily buys mortgages issued by banks and Freddie Mac primarily buys mortgages issued by thrifts. A secondary difference between the two is that Fannie Mae started in 1938 as part of the "New Deal" and Freddie Mac started in 1970 in order to create competition in the secondary mortgage market.


What is the difference between Fannie Mae and Freddie Mac loans?

The main difference between Fannie Mae (FNMA; Federal National Mortgage Association) and Freddie Mac (FHLMC; Federal Home Loan Mortgage Corporation) is that Fannie May primarily buys mortgages issued by banks and Freddie Mac primarily buys mortgages issued by thrifts. A secondary difference between the two is that Fannie Mae started in 1938 as part of the "New Deal" and Freddie Mac started in 1970 in order to create competition in the secondary mortgage market.


What is the main difference between credit and debit?

The main difference between credit and debit is that credit allows you to borrow money that you have to pay back later, while debit uses money you already have in your account.


What is the difference between an annuity and a perpetuity?

The main difference between an annuity and a perpetuity is that an annuity has a set period of payments, while a perpetuity provides payments indefinitely.


What is the difference between a perpetuity and an annuity?

The main difference between a perpetuity and an annuity is that a perpetuity provides payments indefinitely, while an annuity provides payments for a specific period of time.

Related Questions

What is the difference between Freddie Mac and Fannie Mae?

The main difference between Fannie Mae (FNMA; Federal National Mortgage Association) and Freddie Mac (FHLMC; Federal Home Loan Mortgage Corporation) is that Fannie May primarily buys mortgages issued by banks and Freddie Mac primarily buys mortgages issued by thrifts. A secondary difference between the two is that Fannie Mae started in 1938 as part of the "New Deal" and Freddie Mac started in 1970 in order to create competition in the secondary mortgage market.


What is the difference between Fannie Mae and Freddie Mac loans?

The main difference between Fannie Mae (FNMA; Federal National Mortgage Association) and Freddie Mac (FHLMC; Federal Home Loan Mortgage Corporation) is that Fannie May primarily buys mortgages issued by banks and Freddie Mac primarily buys mortgages issued by thrifts. A secondary difference between the two is that Fannie Mae started in 1938 as part of the "New Deal" and Freddie Mac started in 1970 in order to create competition in the secondary mortgage market.


What is the difference between polyethylene and polyester?

what is the main difference between polyethylene and polyesters what is the main difference between polyethylene and polyesters


What is the main difference between the two products?

The main difference between the two products is their ingredients.


What is the main difference between animation and simulation?

There is no difference.


What is the main difference between compaction and consolidation?

difference between campaction and consolition


What are the main difference between communicating with adults and children?

what are the main difference between communicating with adults and communicating with children


The main difference between amino acids is there?

What? Speak proper english, please. The main difference between amino acids and what?


What is the main difference between Kenya and Egypt?

there is one hour difference


What was fannie Lou hamer main job?

i am not sure i know she work on a farm


What is the main difference between V and IV as cadence chords?

Whats the main difference between V and IV as cadence chords?


What was the main difference between doves and hawks regarding the US presence in Vietnam?

what was the main difference between doves and hawks regarding the US presence in Vietnam