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REMINDER/U.S. Representatives Payne and Pascrell Join Fannie Mae for a Roundtable Discussion on New Immigrant Homeownership Opportunities.


Business Editors

REMINDER...for Tuesday (April 25)

--(BUSINESS WIRE)


WHEN:    Tuesday, April 25, 2000
         2:00 p.m.

WHO:     The Honorable Donald Payne (D-NJ)
         U.S. House of Representatives

         The Honorable William Pascrell (D-NJ)
         U.S. House of Representatives

         Timothy J. Touhey
         Fannie Mae, New Jersey Partnership Office Director

WHAT:    Reps.  Payne and  Pascrell  will join Fannie Mae  (NYSE:FNM),
         the  nation's  largest  source of  financing  for home
         mortgages,  for a roundtable  discussion  on  homeownership
         opportunities  for  Northern New Jersey's new  immigrant
         population.

WHERE:   New Jersey Performing Arts Center
         Newark Riverfront between Military Park and McCarter Highway
         Newark, NJ


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.
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
Date:Apr 24, 2000
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