fannie mae: The more things change...the more they remain the same
- 01/31/11 04:12 PM
I just received a letter in today's mail from Fannie Mae -- you know...that Government Sponsored Enterprise (GSE), public, shareholder owned company with a PUBLIC MISSION. I used to live just outside of Washington, D.C. and took a bus down Wisconsin Avenue in Washington, D.C. everyday and used to pass by their corporate headquarters building and was wowed by their impressive set of brick buildings, and they had a reputation of invincibility back in the early 90s. As you will see in an excerpt from this letter, Fannie Mae specifically states:
The transfer of ownership of your mortgage loan to (8 comments)