I've always thought that Fannie Mae sounded like a little farm girl from Iowa. When I worked in the mortgage industry, I was steeped in FNMA rules and regulations. I started that job at the beginning of the mortgage boom and got out a year or so before the industry went bust to attend art school. When I left I was glad to be rid of the mysterious entity that is Fannie Mae. Now, I am constantly reminded of FNMA with the current lending crisis. There are some things you just can't escape and it looks like this is one of them.
No comments:
Post a Comment