Fannie Mae owns some of the loans and securitizes others.
Check out the FNMA servicing guide online to learn the difference. But be prepared to sit for a while reading, since it's over 1100 pages. Here's just a quick statement about Fannie Mae loans:
Conceptually, this Guide covers the standard requirements for servicing all Fannie Mae-owned or Fannie Mae-securitized one-to four-unit mortgage loans.
Thank you for correcting this disinformation posted by Sharon. It really seems that this woman is trying to purposefully degrade or destroy the Forum by posting false and misleading information here to confuse borrowers.
I dont know where all the other regulars are, but I have read the posts of several of the knowledgeable contributors and they are all very clear about this.
Mr. Roper has explained this in prior threads, like in the thread:
Fannie/Freddie Loans - Are they securitized?
See for example:
After Mr. Roper left the Forum, ka and t continued to truthfully explain how Fannie Mae and Freddie Mac buy and securitize loans:
Every now and then, Mike H. or another one of the swindlers comes and re-post false information about Fannie Mae and Freddie Mac. They are always trying to promote the sale of useless scam securitization audit reports.
It seems as though Mike H. is either posting under the name "Sharon" or maybe Sharon is some shill sent by Neil Garfield to drum up business for his scam reports. These people seem committed to defrauding distressed borrowers who visit the MS Fraud site. Either way, this Sharon is really, really bad news!!!
Maybe the site administrator should expose Sharon so that others will not be victimized!