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Ginnie Mae, Fannie Mae, and Freddy Mac
Posted: Sun Apr 15, 2007 12:51 am
by mappatazee
What's the deal with this?
Posted: Sun Apr 15, 2007 2:59 am
by mappatazee
and Sallie Mae
Posted: Sun Apr 15, 2007 8:13 am
by The Kizzy
different types of home loans
Posted: Sun Apr 15, 2007 11:18 am
by Iccarra
Ginnie is Government(FHA/VA) Mortgage Loans, Sallie is Student Loans, Freddie & Fannie are Non-Government Mortgage Loans....
Posted: Sun Apr 15, 2007 1:52 pm
by mappatazee
But how/why these fucking names?!
Posted: Sun Apr 15, 2007 4:01 pm
by araby
mappatazee wrote:But how/why these fucking names?!
because they sound like your grandma's friends
Posted: Sun Apr 15, 2007 11:53 pm
by 10sun
They are the phonetic versions of the acronyms for the loan standards.
Posted: Mon Apr 16, 2007 5:46 am
by kinghooter00
i owe about 6000$$ to sallie mae...i hate that bitch.