[org.whodat]

Hint, Hint, I was a real estate broker and teacher years ago!!!!

[claymax]

hint hint, I also was a loan officer, just recently. Freddie and Fannie actually make funds availible to lending institutions and ultimately give the funds. Like I said before, the Mortgage company, lender or bank closes the loans, and Freddie and Fannie make sure that there is money to secure the instrument. And they typically do this by issuing debt securities in the market. Do me a favor, next time you try to throw a title at me, make sure you know what you are talking about!

[Girlene]

Hint, Hint, I was a real estate broker and teacher years ago!!!!

Okay, org.whodat. Since you seem to have some inside information about what's going on here, would you please enlighten the rest of us? Your cryptic comments have not added any information to the uninformed (me), and I am quite curious how this all makes sense. Thank you.