New Fed Mortgage Receives Full Designation As A Fannie Mae Mortgage Seller/Servicer Lender
Federal National Mortgage Association (FNMA)
NASDAQ:AMEX Investor Relations:
fanniemae.com/portal/about-fm/investor-relations/index.html
Company Research
Source: PR Web
DANVERS, Mass. (PRWEB) March 07, 2020 New FED Mortgage Corp., a multi-state residential mortgage lender, recently was approved by Fannie Mae as a direct mortgage seller and servicer. Their Fannie Mae approval along their existing Freddie Mac approved lender designation allows the company to independently fund, own and service loans. The company filed the necessary paperwork in the 3rd Quarter of 2019 and it was comprehensive multi step application process to obtain the approval. The expanded lending capabilities being a FNMA seller/services provides more lending options for its customers including a variety of first-time homebuyer programs created with today's homebuyers in mind such as Fannie Mae's Home Ready Mortgage. "We are very pleased to receive this coveted approval from Fannie Mae which demonstrates our commitment to enhance our program offerings to our customers. The opportunity to service Fannie Mae backed mortgage loans has been a long term goal for our company and the ap
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FNMA
Analyst Actions
- 2/26/24 - Keefe, Bruyette & Woods
FNMA
Sec Filings
- 4/26/24 - Form 8-K/A
- 4/22/24 - Form 8-K
- 2/22/24 - Form 8-K
- FNMA's page on the SEC website