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  2. Split-level home - Wikipedia

    en.wikipedia.org/wiki/Split-level_home

    The split entry has two short sets of stairs (usually five or six steps per stairway) and is a one level improvement with a basement. The entry is "between" the floors. Per FNMA/FHLMC regulations the lower level is defined as a basement even if finished. Usually the basement level is "walk out".

  3. Conforming loan - Wikipedia

    en.wikipedia.org/wiki/Conforming_loan

    This is because both Fannie Mae and Freddie Mac only buy loans that are conforming, to repackage into the secondary market, making the demand for a non-conforming loan much less. By virtue of the laws of supply and demand, then, it is harder for lenders to sell the loans, thus it would cost more to the consumers (typically 1/4 to 1/2 of a percent.)

  4. Government National Mortgage Association - Wikipedia

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

    Today, Ginnie Mae securities are the only mortgage-backed securities that are backed by the "full faith and credit" guaranty of the United States government, although some have argued that Fannie Mae and Freddie Mac securities are de facto or "effective" beneficiaries of this guarantee after the US government rescued them from insolvency in ...

  5. Chick-fil-A Changes Waffle Fries — and Customers Are Not ...

    www.aol.com/chick-fil-changes-waffle-fries...

    "Had to throw out the last 3 orders of fries, couldn't finish them. I kept thinking I got a bad batch, but now I know and won't buy them again," someone wrote.

  6. AI detects ovarian cancer better than human experts in new study

    www.aol.com/ai-detects-ovarian-cancer-better...

    In a new study led by researchers at Karolinska Institutet in Sweden, AI models did a better job of detecting ovarian cancer than human experts. Doctors and AI experts weigh in.

  7. Wait, exactly how many people work for the federal government?

    www.aol.com/news/wait-exactly-many-people...

    A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here.. The US grew a lot in the past 40 years.

  8. Fannie Mae - Wikipedia

    en.wikipedia.org/wiki/Fannie_Mae

    Fannie Mae created a liquid secondary mortgage market and thereby made it possible for banks and other loan originators to issue more housing loans, primarily by buying Federal Housing Administration (FHA) insured mortgages. [11] For the first thirty years following its inception, Fannie Mae held a monopoly over the secondary mortgage market. [10]

  9. Federal takeover of Fannie Mae and Freddie Mac - Wikipedia

    en.wikipedia.org/wiki/Federal_takeover_of_Fannie...

    Fannie Mae's Reston, Virginia, facility. The GSE business model has outperformed any other real estate business throughout its existence. According to the Annual Report to Congress, [13] filed by the Federal Housing Finance Agency, over a span of 37 years, from 1971 through 2007, Fannie Mae's average annual loss rate on its mortgage book was about four basis points.

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