Lenders use the cash raised by selling mortgages to the Enterprises to engage in further lending. They provide liquidity (ready access to funds on reasonable terms) to the thousands of banks, savings and loans, and mortgage companies that make loans to finance housing.įannie Mae and Freddie Mac buy mortgages from lenders and either hold these mortgages in their portfolios or package the loans into mortgage-backed securities (MBS) that may be sold. They perform an important role in the nation’s housing finance system – to provide liquidity, stability and affordability to the mortgage market. Fannie Mae and Freddie Mac were created by Congress.
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We also made updates to Section 13, to incorporate data subject rights provided for by LGPD and the Israel Protection of Privacy Law. On April 8, 2021, we made edits to the Privacy Policy to incorporate our privacy practices regarding ChilliConnect, Furioos, and Rest AR. Please note instructions on how to order your data reports for this product. On April 27, 2021, we added information to add our VisualLive product to our privacy policy. We also added information to add our Pixyz product to our privacy policy On August 2, 2021, we updated our third party ad network partners. They are intended to enhance rather than replace the important notices in the Privacy Policy, which governs our collection, use, storage, and sharing of the information that we collect or receive from you. These FAQs provide a handy entry point to our longer and more comprehensive Privacy Policy (see Section 2 below). |
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