ADVISORY/ Allegheny County Chief Executive Jim Roddey, National City Bank of Pennsylvania, and Fannie Mae to Announce New Mortgage That Builds Equity Faster and Makes Payments More Convenient.News/Assignment Editors ADVISORY...for Monday (Feb. 28) --(BUSINESS WIRE)
WHEN: Monday, February 28, 2000
10:00 a.m.
WHO: Chief Executive Jim Roddey
Allegheny County
Bobbie Passmore
National City Bank of Pennsylvania
Howard Slaughter
Fannie Mae Western Pennsylvania Partnership Office Director
WHAT: Allegheny County Chief Executive Roddey and
officials from National City Bank of Pennsylvania
and Fannie Mae (FNM/NYSE), the nation's largest
source of funds for home mortgages, will unveil a
new mortgage to Western Pennsylvania that builds
equity faster and makes payments easier.
WHERE: County Courthouse
436 Grant Street, 1st Floor
Conference Room #1
Pittsburgh, PA
Fannie Mae Fannie Mae: see Federal National Mortgage Association. is a New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. company and the largest non-bank financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company in the world. It operates pursuant to a federal charter and is the nation's largest source of financing for home mortgages. Over the past 31 years, Fannie Mae has provided nearly $2.8 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. of mortgage financing for over 34 million families. More information about Fannie Mae can be found on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the at http://www.fanniemae.com. |
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