Diane Gerdes's (dianegerdes) Blog

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Mortgage and Lending - The Mortgage Advantage, Inc.

ARCHIVED BLOG POSTS

2011 

Arizona neighborhoods are filled with foreclosed properties touted as Bank Owned.  But that foreclosed property may be owned by Fannie Mae, not a bank.    Why is Fannie Mae responsible for some foreclosures instead of the banks? The short answer is because they lost a bet. The longer answer is a ...
01/17/2011
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Diane Gerdes

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