I had a question in my real estate practice book of what Freddie Mac stands for, I had put "Federal National Mortgage Corporation" and got it wrong. I googled it just to be sure and my book and google say that Freddie Mac stands for "Federal Home Loan Mortgage Corporation"
I watched many videos about this subject and felt like this was the only video that gave me a straight forward answer. All other videos cover their origins and history. I don't care about that at all as it won't help me pass the test. Thank you!
Ginnie Mae sells pass through certificates to investors which is used to provide liquidity to higher risk loans. Going into much more detail isn’t something I find necessary for state exams. None of my students in the past 5-6 years have asked questions or have said they had an in depth question in the test as to the functionality of Ginnie mae
@@freedomrose3636 I’m sorry you are going through this. Legal advice is way above my pay grade. You need a very good attorney, and unfortunately it is usually costly. I would speak with a local real estate broker who might have a relationship with a local attorney versed in this to help.
@@realestatestu I have . . And I have a firm that can jump in and negotiate. And an interested party in Florida. But I have to make sure they only side. If you want it done right you do it yourself. So it's my responsibility to make sure that I get a lawyer that is working for me and not for money Arizona work for money and me then he will be sure to help me win and not settle and shut me up because he works with them. I'm just running out of time for this hearing I want to be set up a little bit better than how to ask for my restraining order I'm not asking for legal advice I'm asking for your opinion with your expertise if you going to put it on RU-vid to teach not sure why you couldn't help me out by answer my questions helping me to be uncomfortable used because this will just save me time I'm going to study regardless whatever you say. But sometimes a whole lot quicker if I don't have to go down six rabbit holes before I figure it out you know. Is that legal advice when I'm asking a question that you can educate yourself on a simple question really it's a yes or no or explain to me what jenimay does and so on but it's okay I understand I mean it's the same answer I get from everybody.. and most people that I'm not going to hand $5,000 to. A good conference lawyer that will fight for me that there's likely more money in it than a retainer because we're probably going to win. And this kind of stuff right here is what's happening in the world today and why we're fixing to have another big crisis like we did in 2008. If I buy myself some time to get thru this on my own and so far I'm doing pretty darn good. And I will pull in it all the resources I can if it has to be the media. If it has to be the people that are walking out of their houses because they haven't been able to afford it just because there are being threatened it with foreclosure and really they feel like they have no right to stay they haven't paid. This is just an easy route to pick up those houses that they gambled with on Wall Street secretively antenna non-transparent way. The only reason why I Anton lawsuit is because I knew that sounds got to be going on that a bank won't take $25,000 when I owe them $25,000possible and I saved every single house note while I was working for when they sent me a reinstatement that never came. And I know but in the courtroom if it just don't seem right that something ain't right you can't change that and it was exactly right when I had an investigation the results would tell me exactly why they wouldn't take my money because they make a whole lot more money everybody does while I'm in default. And that's why I'm suing them and that is why if this goes too far and they want me to keep going like this while I'm trying to hold my nursing job that's a lot of stress. But I'm a rebel and I have been taken I have been the fool that nurtured all the needy until I didn't have anything else to give at times I just made me tougher and I'm not going to let anybody else take or understand so I can make my my own judgment on whether I'm right or not I understand your spot so you don't have to say anything but thank you I totally get it but I wouldn't care if you let this post up cuz maybe there's somebody that can help me and that is as fired up as me about this whole situation if they think they're going to take my house and I've been trying to pay them can you imagine how many people have left their homes and don't realize that they've been intentionally putting default and ended up in a situation like me to wear now I don't have the money cuz it's been invested and that were in a bear market and I've had to take money out to spend on defending myself with them instead of paying on my principal there's people out there just over this technicality of how they run things and what their intentions were when we got a loan back
@@marissathomas9327 I was just restating the video. Ginnie is federally owned. Ginnie Mae guarantees only securities that comprise mortgages guaranteed by federal agencies, such as the FHA and VA, its relatives may back securities whose mortgages are not insured by those federal bodies. www.investopedia.com/terms/g/ginniemae.asp
yes. Fannie mae, and Freddie mac were both created under and operate under a congressional (govt.) charter. They are sometimes referred to as quasi public. If you google that term, you will find a lot of information on it. I don't go into the details, because you won't typically be asked about this.
How would Shawn Mrugala know that FNMA women drink? Why is he a GC now out of nowhere? 5K bid for orielle window? Architecture plans for payments cash in increments of $600? Meeting in Home Depot parking lot? Bids for removing the crawl? And everything under the sun? Bids for new roof? Bids for new windows? Double roof bid?
No real estate experience at all. Someone guaranteed him it would comp out! Good Luck! You all for nonconforming not on the water. Sounds over upgraded but your the experts.
