Fannie Mae Announces Hyperlinks for Internet Home-Buying and Refinancing Information Through Clark County Public Library.SPRINGFIELD, Ohio--(BUSINESS WIRE)--April 16, 1998--U.S. Representative David Hobson David Hobson may refer to:
An extension and/or increase in amount of existing debt. information through their local public libraries. Consumers can now access Fannie Mae's HomePath.com web site via hyperlinks created by the Clark County Public Library. HomePath.com (http://www.homepath.com) provides a broad array of information about home-buying and mortgage refinancing. The announcement was part of a Fannie Mae housing roundtable held in Springfield. "Homeownership is vital to our families, our communities, our economy, and to the state of Ohio. With the introduction of HomePath.com, Fannie Mae and the Clark County Public Library have recognized the power of the Internet and residents of Ohio's 7th Congressional District The 7th congressional district of Ohio is currently represented by Representative David L. Hobson. This district includes some of the southern suburbs of Columbus, Ohio and nearby counties. Election results The following chart shows historic election results. will benefit from faster, easier access to comprehensive home-buying and refinancing information," said Rep. Hobson. "Buying a home is one of life's biggest financial decisions, and I hope families take advantage of this new resource -- now as close as a trip to the local library." HomePath.com offers residents easy access to mortgage lenders and the resources they may need to buy or refinance Refinance 1. When a business or person revises their payment schedule for repaying debt. 2. Replacing an older loan with a new loan offering better terms. Notes: When a business refinances they typically extend the maturity date. a home. HomePath.com is a part of Fannie Mae's Trillion Dollar Commitment, announced in March 1994, to provide targeted lending for ten million families by the end of the decade. HomePath.com reinforces the company's pledge to make the housing finance system more accessible to all home buyers. Since it was launched in January 1997, Fannie Mae's HomePath.com has averaged 26,000 hits a day, providing on-line information to more than 12 million consumers interested in purchasing or refinancing a home. "HomePath.com is an excellent and easy-to-use resource for our library patrons interested in preliminary home-buying and refinancing information. Through this site patrons can learn on their own about the home-buying process and access additional resources such as lender and non-profit organizations A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. ," said Cathy Hackett, reference librarian of the Clark County Public Library. "It is the type of decision-making tool that we like to offer on our Library Channel of Internet Links." The site lists lenders who currently offer Fannie Mae's low down payment, flexible mortgage products; explanations of different kinds of Fannie Mae mortgages; and information about the mortgage process. The site also provides calculators to help consumers understand how much of a mortgage payment they can afford with different interest rates and varying down payments. Home buyers needing additional help can e-mail questions to Fannie Mae's HomePath services unit, which provides home-buying guidance and referral services. "Fannie Mae recognizes that technology is becoming an integral part of the home-buying process for consumers," said Cindy Flaherty, director of Fannie Mae's Columbus Partnership Office. "We are pleased to work with the Clark County Public Library to provide this much-needed resource to area home buyers." -0- Fannie Mae (FNM/NYSE) is a congressionally chartered, shareholder- owned company and the nation's largest source of funds for home mortgages. It has committed to provide $1 trillion in targeted lending for 10 million homes by the end of the decade. The targeted lending will serve low- and moderate-income families, minorities, new immigrants, residents of central cities and other underserved areas, and people who have special housing needs. More information about Fannie Mae can be found on the Internet at http://www.fanniemae.com. Style Usage: Fannie Mae's board of directors has authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: the company to operate as "Fannie Mae," and the company's stock is now listed on the NYSE NYSE See: New York Stock Exchange as "Fannie Mae." In order to facilitate clarity and avoid confusion, news organizations are asked to refer to the company exclusively as "Fannie Mae". CONTACT: Fannie Mae Kerri McClimen, 312/368-6219, 888/FAN-NOW4 (888/326-6694) or Jennifer Glover Glov´er n. 1. One whose trade it is to make or sell gloves. Glover's suture a kind of stitch used in sewing up wounds, in which the thread is drawn alternately through each side from within outward. Konfrst, 515/244-9871 |
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