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Article: Rep. William Coyne, Fannie Mae, Federal Home Loan Bank of Pittsburgh Announce Innovative Opportunity for Low-to-Moderate-Income First-Time Homebuyers.
- Article from:
- PR Newswire
- Article date:
- January 15, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PITTSBURGH, Jan. 15 /PRNewswire/ -- William and Melissa Mares and their two young sons had been living with Melissa's parents for five years. The Mares' dream was to save enough cash to someday buy their own home for Anthony and Zackery. Today, thanks to down payment and closing cost assistance, the Mares are first-time homeowners.
At a news conference today, Fannie Mae (NYSE: FNM) and the Federal Home Loan Bank of Pittsburgh joined Congressman William Coyne (D-PA-14) to describe how Fannie Mae's Flexible 97 mortgage (and other mortgage products) and the Federal Home Loan Bank of Pittsburgh's Home Buyer Equity Fund (HBEF) can be used together to help more ...