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Article: Fannie Revitalizing Via 'Smart Commute,' Etc.(Fannie Mae)(Brief Article)
- Article from:
- Origination News
- Article date:
- November 1, 2002
CopyrightCOPYRIGHT 2002 SourceMedia, Inc. 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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Incentive-based mortgages such as the "Smart Commute'' program are helping Fannie Mae extend its original approach to community development and the revitalization of older suburbs. The program allows for the approval of bigger mortgages to borrowers who buy homes located near train stations and-or bus stops and agree to own no more than one car.
Smart Commute is still considered "a pilot program." Fannie Mae is expected to offer it in ...
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Article: Home buyer program offered; Smart Commute promotes ...
Star Tribune (Minneapolis, MN);
May 31, 2001 ;
700+ words
... ... announced today by Fannie Mae, the Metropolitan ... of Minneapolis. Smart Commute will be offered ... monthly income. The Smart Commute program is available ... Marquette Mortgage. Fannie Mae does not provide ... Thompson said. Smart Commute is one of several ...
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