Re: Straw Bale and FNMA rules
From: Gary Gisel (gwgiselgov.yk.ca)
Date: Fri, 25 Oct 1996 10:33:42 -0500
>As a practical matter, convincing your banker is not sufficient.
>Almost all mortgages are "resold" via the Federal National Mortgage Association
>(abbrev - FNMA, stock ticker FNM, pronounced "Fannie Mae"). De facto,
>FNMA sets the rules.  FNMA is the proverbial 800 pound gorilla for home loans.

 In the USA.

 The Wholelife Housing group is located in Calgary, Alberta, Canada
(according to the first message) where the rules and the players are a bit
different.

 Gary Gisel
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This e-mail represents only the opinion of the sender and does not in 
any way define official policy for either the Government of the Yukon 
or of Sierra Systems Consultants Inc.
Gary Gisel, consultant, Sierra Systems Consultants, Inc., Seattle, WA
gwgisel [at] gov.yk.ca              or               gwgisel [at] sierrasys.com
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