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You must be aware that Fannie and Freddie are for-profit iutnittsions.So, no. This is not socialism.This is deformed socialism for the enrichment of the rich. In other words, plutocracy. Was this answer helpful?


$ 30.63 was the spot price of oil at the end of the week George III took over in 2001. Anyone ornifefg a guess as to whether it will be $100 above that sometime before he heads back to the oil patch in January?


[20] v23I also can't wait until the day I rveome the puke yellow from my bumper and replace it with Live Free or Die. Still have my old NH plates in the garage.

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The Beckers final words saying great:For this capture of regulators also inflicted great harm on taxpayers, the American and world economies, and many of the families who exposed their life savings to undue risks in the mortgage market.


I like your post. I found it when I was looking through digg.


Was in the Mortgage field for many years. I find myself qunistoes the question first. Why would it matter if it was backed by Freddie Mac/Fannie Mae? Even if Countrywide went under it would not affect your mortgage payments. Just who you made the payments to.Oh well that was not the answer to your question. I guess the easiest way is to call Countrywide Customer Service. Their phone number is 1(800) 669-6607. They can look up your paperwork and see if the sold the Mortgage to Freddie or Fannie. Mortgage companies either hold onto the loan themselves or they will sell the loan to somebody else or they will sell the loan, but still service it. Countrywide does not tend to sell its 1st Lien mortgages, but if they did then we at least know they are still servicing the Loan. We know because you are making your checks out to Countrywide. Call them up and ask them if they sold the loan to Freddie or Fannie. Then you will know.


Fannie Mae And Freddie Mac are privately owned.Freddie Mac and Fannie Mae have sulttansiably similar charters, Congressional mandates, and regulatory structures. Both Freddie Mac and Fannie Mae are publicly traded corporations. Ginnie Mae is a government-owned corporation within the U.S. Department of Housing and Urban Development that guarantees mortgage-backed securities backed by federally insured or guaranteed loans. Unlike Freddie Mac and Fannie Mae, Ginnie Mae does not purchase mortgages from lenders, nor does it buy, sell, or issue securities.No, it's greed and they ended up with the victims homes. Was this answer helpful?


I also needed this infmoration as I am looking to see if I will be eligible for the federal housing aid announced this morning, so yes, it does matter who owns the loan.I called my lender. I actually talked to my original loan officer because I thought this would be more efficient than calling an 800 #, but this may not be an option for everyone.

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