REMINDER/Mayor Kwame Kilpatrick and U.S. Representative Carolyn Kilpatrick Join Bank One and Fannie Mae to Announce $12.5 Billion Plan to Make Homes More Affordable.Business Editors REMINDER...for Friday (March 14) --(BUSINESS WIRE) Fannie Mae Fannie Mae: see Federal National Mortgage Association.
WHEN: Friday, March 14, 2003
10 a.m. - 10:30 a.m
WHO: The Honorable Kwame Kilpatrick
Mayor, City of Detroit
The Honorable Carolyn Cheeks Kilpatrick (D-MI)
U.S. House of Representatives
Richard Wade
Michigan President, Bank One
Michael Tyson
Senior Vice President, Bank One
Shalley Jones
Vice President, Housing and Community Development
Fannie Mae's Midwestern Regional Office
WHAT: Spread the word about the Bank One-Fannie Mae (NYSE:FNM),
the nation's largest source of financing for home mortgages,
$12.5 billion alliance that will plant seeds to grow
homeownership in the Detroit area.
Reporters are invited to join community leaders and new
homeowners to hear how this alliance will help underserved
people in Detroit and its suburbs get a better chance at
home ownership.
WHERE: Coleman A. Young Community Center
2751 Robert Bradby Drive,
Detroit, MI
(Off Chene Street between East Vernor and East Lafayette
streets)
Bank One Corporation (NYSE NYSE See: New York Stock Exchange :ONE) is the nation's sixth-largest bank holding company, with assets of more than $270 billion. Bank One can be found on the Internet at www.bankone.com. 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
More information about Fannie Mae can be found on the Internet at http://www.fanniemae.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion