To: kjam22
Are Fannie and Freddie part of HUD?
21 posted on
04/23/2017 3:32:31 PM PDT by
bankwalker
(groupthink is dangerous ...)
To: bankwalker
Yes, but they are in the secondary market. They don’t deal primarily with individuals buying homes.
22 posted on
04/23/2017 3:39:28 PM PDT by
kjam22
(America need forgiveness from God)
To: bankwalker
They typically buy loans (often bad loans) from mortgage companies and banks to assist in liquidity and to free up capital for more loans etc.
23 posted on
04/23/2017 3:46:34 PM PDT by
kjam22
(America need forgiveness from God)
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