These two corporations purchase mortgage loans complying with the guidelines from mortgage lending institutions, package the mortgages into securities, and sell the securities to investors. (vermontmortgagecompany.com)
They purchase residential home loans from mortgage lending institutions, packages the mortgages into securities and sells the securities to investors. (mortgage-x.com)
The inspection provides protection for the home owner; it also protects the FHA mortgage lending institution (Fannie Mae or Freddie Mac). (fha.com)