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ADVISORY/ Irwin Mortgage and Fannie Mae to Announce New Multicultural Homeownership Initiative to Increase Homeownership Opportunities for Minorities and New Immigrants.


News & Assignment Editors

ADVISORY...for Monday (Sept. 11)

--(BUSINESS WIRE)


WHEN:       Monday, September 11, 2000
            11:00 a.m.

WHO:        Julia Carson (D-IN)
            U.S. House of Representatives

            Rick McGuire
            President and Chief Operating Officer of Irwin Mortgage

            Rob Levin
            Fannie Mae, Executive Vice President, Housing and
            Community Development

            Local Homeowner

WHAT:       U.S. Representative Julia Carson will join Rick McGuire,
            president and chief operation officer of Irwin Mortgage
            and Rob Levin, executive vice president for housing and
            community development of Fannie Mae (FNM/NYSE), the
            nation's largest source of financing for home mortgages,
            to announce a new billion dollar Multicultural Initiative
            to help thousands of minority and new immigrant families
            attain homeownership. Irwin Mortgage, one of the nation's
            leading full service residential mortgage lenders, based
            in Indianapolis will also announce the opening of new
            branch offices across the country to better serve local
            ethnic communities.

WHERE:      Julia Carson Government Center
            300 E. Fall Creek Parkway N. Drive
            Indianapolis, Indiana


Irwin Mortgage Corporation, formerly Inland Mortgage, is one of the nation's leading full service residential mortgage lenders with branch offices nationwide. Since 1944, Irwin's emphasis has been serving customers who require expertise and specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 services in financing or refinancing Refinancing

An extension and/or increase in amount of existing debt.
 homes. In 1999, Irwin Mortgage assisted over 54,000 families in achieving the American dream American dream also American Dream
n.
An American ideal of a happy and successful life to which all may aspire:
 of homeownership.

Headquartered in Indianapolis, Indiana “Indianapolis” redirects here. For other uses, see Indianapolis (disambiguation).
Indianapolis (IPA: [ˌɪndiəˈnæpəlɪs]) is the capital city of the U.S.
, Irwin Mortgage is a subsidiary of Irwin Financial Corporation (www.irwinfinancial.com). For more information, visit our web site at www.irwinmortgage.com.

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 $2.9 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 35 million families. More information about Fannie Mae can be found on the Internet at http://www.fanniemae.com.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 7, 2000
Words:317
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