ADVISORY/Rep. Sununu and Mayor Baines Join Fannie Mae to Announce Opening of Northern New England Partnership Office and Multi-Billion Dollar Investment Plan to Finance Affordable Housing for Thousands of New Hampshire Families.Assignment/News Editors ADVISORY...for Monday Monday: see week. (June 5) --(BUSINESS WIRE)
WHEN: Monday, June 5, 2000
10:00 a.m.
WHO: The Honorable John Sununu (R-NH)
U.S. House of Representatives
The Honorable Robert Baines
Mayor, City of Manchester
Claira Monier, Executive Director
New Hampshire Housing Finance Authority
Zach Oppenheimer, Senior Vice President
Fannie Mae, Northeastern Regional Office
WHAT: Rep. Sununu and Mayor Baines will join local housing
partners and Fannie Mae (FNM/NYSE), the nation's
largest source of financing for home mortgages, to
announce "House Northern New England," a
three-state, multibillion dollar investment plan to
finance affordable housing for 30,000 New Hampshire
families. The opening of the Northern New England
Partnership Office, which will service both Maine
and Vermont, will also be announced.
WHERE: City Hall, Aldermanic Chambers
1 City Hall Plaza, 3rd Floor
Manchester, NH
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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