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  2. Freddie Mac - Wikipedia

    en.wikipedia.org/wiki/Freddie_Mac

    The Federal Home Loan Mortgage Corporation ( FHLMC ), commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons, Virginia. [3] [4] The FHLMC was created in 1970 to expand the secondary market for mortgages in the US. Along with its sister organization, the Federal National Mortgage ...

  3. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    Reverse mortgage: A reverse mortgage is a loan taken out against your current home, in which a lender pays you monthly installments; these must be repaid, or the home surrendered to the lender ...

  4. Transferring a mortgage: How it works - AOL

    www.aol.com/finance/transferring-mortgage-works...

    A family member has an ownership stake in the home: If an immediate family member has an ownership stake in the property, you might transfer the mortgage into their name. A family member is better ...

  5. Federal Home Loan Banks - Wikipedia

    en.wikipedia.org/wiki/Federal_Home_Loan_Banks

    The FHLBank System was chartered by Congress in 1932, during the Great Depression. It has a primary mission of providing member financial institutions with financial products/services which assist and enhance the financing of housing and community lending. The 11 FHLBanks are each structured as cooperatives owned and governed by their member ...

  6. What is a savings and loan association (S&L)? - AOL

    www.aol.com/finance/savings-loan-association-l...

    The Federal Home Loan Bank Act of 1932 established the Federal Home Loan Bank System, a network of 11 (originally 12) government-sponsored entities designed to fund and support member home-lending ...

  7. Bank of America Home Loans - Wikipedia

    en.wikipedia.org/wiki/Bank_of_America_Home_Loans

    Bank of America Home Loans. Bank of America Home Loans is the mortgage unit of Bank of America. It previously existed as an independent company called Countrywide Financial from 1969 to 2008. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion. In 2006, Countrywide financed 20% of all mortgages in the United ...

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