What kind of agency is Fannie Mae?

What kind of agency is Fannie Mae?

Federal Housing Finance Agency

How do I contact Fannie Mae?

Contact the Fannie Mae Resource Center , or call 800-2FANNIE (800-232-6643), Option 4, if Fannie Mae owns your mortgage or for more information about a Fannie Mae lender.

Is Fannie Mae private or government?

The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company.

Are Fannie Mae employees government employees?

§ 3729(b)(2)(A)(i), contending that Fannie Mae and Freddie Mac should be considered government officers, employees or agents. In rejecting the relator’s arguments, the Ninth Circuit explained that although Fannie Mae and Freddie Mac are chartered by the federal government, they are still private companies.

Does Fannie Mae require tax returns to be signed?

Each tax return must be signed by the borrower unless the lender has obtained one of the following signature alternatives: documentation confirming that the tax returns were filed electronically, a completed IRS Form 4506–C (signed by the borrower) for the year in question, or.

Does Freddie Mac require profit and loss statement?

The Mortgage file must include a written analysis of the self-employed income amount and justification of the determination that the income used to qualify the Borrower is stable. An audited YTD profit and loss statement reporting business revenue (i.e., gross receipts or sales), expenses and net income.

What document is required if you are using OT or bonus income in addition to YTD Paystub?

Bonus or Overtime: Obtain the following documents: a completed Form 1005 or Form 1005(S), or. the borrower’s recent paystub and IRS W-2 forms covering the most recent two-year period.

How do you calculate bonus pay?

How to Calculate a Bonus. To calulate a bonus based on your employee’s salary, just multiply the employee’s salary by your bonus percentage. For example, a monthly salary of $3,000 with a 10% bonus would be $300.

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