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ADVISORY/Indiana Lt. Gov. Kernan to Announce New Mortgage Products to Increase Homeownership Opportunities for Firefighters, Police Officers, Teachers, Municipal and State Workers.


News & Assignment Editors

ADVISORY...for Wednesday (June 26)

Fannie Mae Fannie Mae: see Federal National Mortgage Association.  (NYSE NYSE

See: New York Stock Exchange
:FNM FNM Faith No More (band)
FNM Fábrica Nacional de Motores (Brazilian truck/motor company))

FNM Free National Movement (Bahamas)
FNM Foot and Mouth ):


WHEN:             Wednesday, June 26, 2002
                  2:00 p.m.

WHO:              The Honorable Joe Kernan
                  Lieutenant Governor, Indiana

                  Tom Hanify
                  President, Firefighters Union

                  Curt Wiley
                  Director, Fannie Mae's Indiana Partnership Office

                  Representatives from the Indiana Fraternal Order of
                  Police (F.O.P.), the Indiana State Teachers
                  Association (ISTA), American Federation of State,
                  County and Municipal Employees (AFSCME), the UAW/AFT
                  Unity Team, and the Indiana Association of Cities
                  and Towns (IACT) also will participate.

WHAT:             Indiana Lt. Gov. Kernan and Firefighters Union
                  President Hanify will join local housing leaders
                  and Fannie Mae (NYSE:FNM), the nation's largest
                  source of financing for home mortgages, to unveil
                  First Home Community and First Home Opportunity,
                  new mortgage products designed to increase
                  affordable homeownership opportunities for
                  America's firefighters, police officers, teachers,
                  and state and municipal workers throughout
                  Indiana.

WHERE:            Fire Station #14
                  2960 North Kenwood
                  Indianapolis, IN

                  Directions: Located on the south side of 30th Street
                  (a one-way street heading west) between Illinois
                  and Capitol Streets. Parking is available on
                  Kenwood and in the north end of the Indianapolis
                  Life Insurance parking lot located at 30th Street
                  between Illinois and Kenwood



Fannie Mae 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. Fannie Mae is working to shrink the nation's "homeownership gaps" through a $2 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.
 "American Dream American dream also American Dream
n.
An American ideal of a happy and successful life to which all may aspire:
 Commitment" to increase homeownership rates and serve 18 million targeted American families American Family is a photographic artwork exhibition by Renée Cox. See also
  • An American Family, a 1973 documentary broadcast on PBS
  • , a 2002-2004 PBS drama starring Edward James Olmos and Constance Marie.
 by the end of the decade.

Since 1968, Fannie Mae has provided more than $3.8 trillion of mortgage financing for over 44 million families. More information about Fannie Mae can be found on the Internet at http://www.fanniemae.com.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 25, 2002
Words:304
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