Thread: fannie mae and freddy mac?
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Old 07-18-2008, 12:37 AM
WeStopForeclosureUSA WeStopForeclosureUSA is offline
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Join Date: Jul 2008
Posts: 143
Default Re: fannie mae and freddy mac?
they buy mortgages in the secondary market in order to make some originators liquid. they buy payments and make money on interest rates. that is about as brief as it can get.
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