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Fannie Mae and Freddie Mac were two government-sponsored enterprises that created, and remain highly involved in, the secondary market for mortgage-backed securities. Before the subprime mortgage crisis, they owned or guaranteed $1.4 trillion, or 40 percent, of all U.S. mortgages.
Freddie Mac developed the idea after a new survey found that one in four delinquent borrowers search the Internet first before contacting their bank or lender to find out how to avoid losing their..
Capital Bank launches Capital Bank Home Loans Indigenous bank, Capital Bank has launched a campaign dubbed, "V12" aimed at giving customers superior value. It is to also to consolidate the bank’s position as the best retail bank and the best bank in terms of savings and deposits.