Mar 14, 2009

Do Fannie or Freddie own your mortgage?

Today's Washington Post has a great article in Real Estate Section on Fannie and Freddy's policies re: refinancing of your mortgage. (You'll have to register with Washington Post to see it, but hey, it's STILL free!) Article's bottom line-- if they own your mortgage, bad credit rating or underwater mortgage will not stop them from allowing you to refinance. Even if you don't want to refinance, you may be curious about who owns your mortgage-- Fannie or Freddy, or the moguls of the CDO and CDO-squared universe?. Here are the Fannie and Freddy websites that will tell you: Fannie Mae Freddie Mac

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