Freddie Mac Bought My Mortgage

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If your mortgage was bought by Freddie Mac, you have to meet one of these cancellation conditions: 1. Your mortgage is down to 80 percent of the property’s value when you first bought, you’ve held the …

NEW YORK (Reuters) – Activist investor carl icahn acquired about $51 million in the common shares of mortgage financiers … management change, bought 6.8 million common shares of Fannie Mae and 5.7 m…

A provocative new study from federally chartered mortgage investor Freddie Mac suggests the answer may be yes. “Who is living …

Among other buyers, you may find your mortgage being sold to Fannie Mae or Freddie Mac. From January 1, 2009 through December 31, 2013, Fannie Mae provided approximately $4.1 trillion in liquidity, which enabled 3.7 million home purchases and 12.3 million mortgage refinancings.

It might still handle your monthly payments, even though you now owe the debt to, say, the Federal National Mortgage Associat…

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The terms of your mortgage remain the same regardless of who owns it. If you were paying, say, 5 percent interest before Freddie Mac bought your mortgage, then you’ll pay 5 percent interest afterward. The only change you might see is that you will be asked to send your mortgage payments to a …

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"The sale of your mortgage to Freddie Mac does not affect any term, payment, or condition of your mortgage." In a nut shell, selling mortgages to companies like Freddie Mac helps provide more liquidity into the market, allowing lenders like yours to make more home loans.

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My mortgage was sold to Freddie Mac, what does that mean? … I got a letter in the mail stating that my home loan was sold to Freddie Mac but is still being serviced by Bank of America and I continue to pay BofA and all terms of the loan remain the same. … in the event that you default on your mortgage, BoA would have more flexiblity to make …

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