WASHINGTON - The recent increase in market share for mortgage bankers
According to data released last week, Fannie Mae's mortgage purchases
Excluding a whopping $6.4 billion securitization deal with Home Savings
John Britti, vice president of pricing, said Freddie Mac, formally the
Mr. Britti conceded that Fannie Mae had captured a larger share of the
Overall, Fannie Mae, formally the Federal National Mortgage Association,
So far in the second quarter, Freddie Mac leads with 53.5% of the agency
Freddie Mac is trying to help lenders identify good homeownership
Last week, the agency published a guide that specifies best practices in
Freddie Mac said a good program should allow participants to:
*View homeownership as a viable housing option, if not immediately, then
*Understand the importance of establishing good credit.
*Take care of any inaccuracies or deficiencies in their credit reports.
*Buy an affordable home through wise comparison shopping.
*Learn how to avoid delinquencies, defaults, and foreclosures.
Freddie Mac also has published a consumer home inspection kit to help
Helen Dalton, director of outreach and communications, said Freddie Mac,