Category: Mortgages 101

Real Estate Term of the Day: Federal Home Loan Mortgage Corporation (Freddie Mac or FHLMC), Federal National Mortgage Association (Fannie Mae or FNMA) & Government-Sponsored Enterprise (GSE)

April 2, 2012

Real Estate Term of the Day: Federal Home Loan Mortgage Corporation, Federal National Mortgage Association & Government-Sponsored Enterprise FEDERAL HOME LOAN MORTGAGE CORPORATION (Freddie Mac or FHLMC) – an organization that purchases mortgage loans, mostly from savings & loan associations (Barron’s Dictionary of Real Estate Terms) FEDERAL NATIONAL MORTGAGE ASSOCIATION (Fannie Mae or FNMA) – … More Real Estate Term of the Day: Federal Home Loan Mortgage Corporation (Freddie Mac or FHLMC), Federal National Mortgage Association (Fannie Mae or FNMA) & Government-Sponsored Enterprise (GSE)

Real Estate Term of the Day: Federal Fair Housing Law

April 1, 2012

Real Estate Term of the Day: Federal Fair Housing Law FEDERAL FAIR HOUSING LAW – a federal law that forbids discrimination on the basis of race, color, sex, religion, handicap, familial status, or national origin in the selling or renting of homes and apartments (Barron’s Dictionary of Real Estate Terms) Familial status – characteristic determined … More Real Estate Term of the Day: Federal Fair Housing Law

Real Estate Term of The Day: Recap of the “E” Terms

March 29, 2012

EARNEST MONEY EASEMENT EIFS EMINENT DOMAIN ENCROACHMENT ENCUMBRANCE ENERGY EFFICIENT ENVIRONMENTAL PROTECTION AGENCY (aka: EPA) EQUAL CREDIT OPPORTUNITY ACT EQUITY ESCAPE CLAUSE ESCROW ESCROW ACCOUNT ESCROW AGENT ESTATE EVALUATION EVIDENCE OF TITLE EXAMINATION OF TITLE EXCLUSIVE RIGHT-TO-SELL LISTING EXECUTE EXECUTED CONTRACT EXPOSURE (MARKET) EXTENSION Copyright 2012 – Created by Tagxedo.com