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  2. Verification of employment - Wikipedia

    en.wikipedia.org/wiki/Verification_of_employment

    Verification of Income and Employment (VOIE) is a process [1] used by banks and mortgage lenders in the United States to review the employment history of a borrower, [2] to determine the borrower's job stability and cross-reference income history with that stated on the Uniform Residential Loan Application (Form 1003). Lenders require complete ...

  3. Freddie Mac - Wikipedia

    en.wikipedia.org/wiki/Freddie_Mac

    The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is an American publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons, Virginia. [ 3 ] [ 4 ] The FHLMC was created in 1970 to expand the secondary market for mortgages in the US.

  4. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Low-doc loans carry a higher interest rate and were theoretically available only to borrowers with excellent credit and additional income that may be hard to document (e.g. self-employment income). As of July 2010, no-doc loans were reportedly still being offered, but more selectively and with high down payment requirements (e.g., 40%).

  5. Freddie Mac: Employment Gains Push Mortgage Rates Up - AOL

    www.aol.com/news/2013-01-10-freddie-mac...

    Freddie Mac released its second weekly update of the new year on national mortgage rates this morning, noting that fixed mortgage rates moved higher following December's employment report. Thirty ...

  6. Government National Mortgage Association - Wikipedia

    en.wikipedia.org/wiki/Government_National...

    Ginnie Mae is similar to Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) with the difference being that Ginnie Mae is a wholly owned government corporation whereas Fannie Mae and Freddie Mac are "government-sponsored enterprises" (GSEs), which are federally chartered corporations ...

  7. Saving Fannie Mae and Freddie Mac: The Pen Mightier ... - AOL

    www.aol.com/2013/03/19/saving-fannie-mae-and...

    As a reminder, both Fannie Mae and Freddie Mac remain under government conservatorship. They are mathematically bankrupt, but that is a different story. It is also hard to call companies bankrupt ...

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