A Brief Explanation about Fannie Mae and Freddie Mac

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=L6riqWeTrzg

This video provides information on the history and purchasing information on both Fannie Mae foreclosures and Freddie Mac foreclosures. We provide a brief history of these property giants and how they transformed from Federal mortgage agencies to mega GSEs, or government sponsored enterprises, dominating the secondary mortgage market due to their government backed guaranteed loans and ability to borrow at low interest rates. • This video will explain how the 2007/2008 collapse of the housing market and foreclosure crisis changed the dealings of these companies when they were placed under the conservatorship of the Federal Housing Finance Agency in September 2008. We explain how great foreclosure deals can be obtained through Fannie Mae Freddie Mac and we provide you with instructions on how to approach them under their new guidelines. • We provide important steps in preparing for the purchase of foreclosed homes from Fannie Mae Freddie Mac and we reveal what is required in order to submit a silent auction bid on properties that can be obtained at up to 50% off current market values. It is also revealed where to best locate the latest foreclosed property deals by both companies, giving you an advantage over other potential buyers. • To find out more about Fannie Mae foreclosures or Freddie Mac foreclosures and other topics related to real estate, visit http://www.foreclosuredeals.com

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