mortgage

What is NOT an Example of a Lien?

Within the real estate field, there are certain terms and concepts that can be confusing to those who are not familiar with the industry jargon. One such term is “encumbrance.” An encumbrance refers to any right or interest in a property that may affect its value, but does not necessarily prevent its transfer. Encumbrances are a term that is used to describe a property’s value. […]

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Fannie Mae's Primary Responsibility: Maintain an Active Secondary Market for Mortgages

Fannie Mae, formally known as the Federal National Mortgage Association, plays a vital role in the mortgage and finance arena in the United States. Its primary and most prominent function is to maintain an active secondary market for mortgages. Through this fundamental responsibility, Fannie Mae provides the Federal National Mortgage Association with the ability to:

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