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Fannie Mae

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The Federal National Mortgage Association known as Fannie Mae was founded in 1938 as a federal agency, and was chartered by Congress in 1968 and is privately owned by the shareholders. It is an enterprise sponsored by the government that ensures the US housing and mortgage markets to be stable and affordable. Fannie Mae buys credits from the asserted sellers of a mortgage loan, or for cash or in exchange for mortgage valuable safety. The company has three lines of business such as Capital Markets, Single-Family and Multifamily. It offers services and products to creditors and a wide range of habitation of partners. Fannie Mae finances more than 20 % of all mortgage loans in the USA and engages in support of a secondary market of a mortgage. Please try to contact Fannie Mae Customer Service directly prior to posting any complaints on this site.

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Fannie Mae Reviews

Anonymous		 Nationstar Non Compliance and Violation Fannie Mae SVC 09-36

VERIFIED COMPLAINT FOR WRONGFUL FORECLOSUREAND JURY DEMANDIntroduction: This complaint alleges inter alia that Nationstar Mortgage wrongfully foreclosed on real ...

#274608
Nov 12, 2011
 103

Anonymous		 Fannie Mae exec helps private investor to make millions at taxpayers expense

While checking property sales records of Maricopa County for the past 12 months I believe I found evidence of corruption within Fannie Mae that allowed an out of state property inv...

#254355
Aug 09, 2011
 313

Anonymous		 Fannie Mae - Worst company ever. charges to accept payment.

My mortgage was transfered from chase who made it easy to make payments. I paid early every month. With LBPS/IBM I am charged to make payments unless I send a check in the mail, do...

#249326
Jul 16, 2011
 99

Anonymous		 WCDA and Fannie Mae won't release insurance money to repair my house

In July of this year my house sustained 28,000.00 in damages from a hail storm. My insurance company paid and my checks were made out to my mortgage company and myself. WCDA says...

#201244
Oct 04, 2010
 443

Anonymous		 Fannie Mae - Very professonial company they go the extra mile

This is a very good reo company to work with.Any one who knows anything about real estate, knows you can't do improvements on a Fannie Mae property before the closing,unless yo...

#196310
Aug 29, 2010
 311

Parteche1		 Fannie Mae and Renters Rights in a Foreclosure

I am sure I am no the only cowboy on this horse, I found out last week that the house I am renting has been foreclosed on, Our joke of a president signed a bill to "help" renters i...

#189625
Jul 15, 2010
 328

Anonymous		 Fannie Mae - Gave me false information to deny my harp loan

May 4 2009 I spoke with a resprensitive about refinancing my home under the home afforable program. I was told that i did not qualify for harp because of additional insurance that ...

#148421
May 04, 2009
 618

Cherokee...		 Fannie Mae - THE LESS YOU KNOW, THE MORE THEY GET AWAY WITH!

Hi everyone,I'm back with more resources to hopefully assist you in your mortgage battles, or any situation that your going through where you feel helpless and ther...

#141410
Nov 05, 2008
 434
Reviews 1-8 of 8

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Loans and Mortgages
Every time there is a need to borrow money person faces an option - to go to a mortgage broker or to work with a direct lender. Many people choose to work with mortgage brokers and direct lenders alike, depending on their individual situation and needs. A mortgage is a lien on a property/house that secures a loan and is paid in installments over a set period of time. The mortgage secures a person's promise that he/she will repay the borrowed money to buy a home. A person should be ready for a financial commitment that could last several decades. Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages. It is vital to make sure that the right mortgage is selected, the one that is right for a person, his/her future plans, and his/her financial situation. Each borrower may choose among the following types of mortgage: fixed-rate mortgage, adjustable-rate mortgage, balloon/reset mortgage, reverse mortgage. A loan is a type of debt. A loan predetermines the redistribution of financial funds over a certain period of time, between the borrower and the lender. At first the borrower receives a certain amount of money from the lender. The borrowed sum is usually but not always paid back in regular installments, to the lender. As a rule, the service is offered at a cost, which is called an interest on the debt. Under the terms of the loan, a borrower may be subject to certain restrictions - loan covenants. Loans are offered by all the financial institutions, like banks and financial services companies.

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