Ginnie Mae

Welcome to Countryside Homes NJ and , your trusted real estate partner in New Jersey. As we guide you through your home buying journey, it’s essential to understand the question, “who are Fannie Mae, Freddie Mac, and Ginnie Mae?” They are three government-sponsored entities that play a pivotal role in the U.S. housing market and are some of the key players in the mortgage industry. Let’s delve deeper into who they are and what they do. Fannie Mae (Federal National Mortgage Association) Overview:Fannie Mae, founded in 1938, is a government-sponsored enterprise (GSE) that operates in the secondary mortgage market. Its […]