Mortgage information offered on Web site run by Fannie...

INDUSTRY WATCH

May 14, 2000

Mortgage information offered on Web site run by Fannie Mae

Fannie Mae, the federally chartered company that supplies mortgage money to lenders, launched a newly redesigned Web site last week, www.homepath.com, to help consumers find information on Fannie Mae mortgage products and locate a lender in their area.

The site features a True Cost Calculator, which helps borrowers determine what a particular mortgage actually costs and which mortgage product best meets their needs.

It also includes information on Fannie Mae properties for sale and a glossary of mortgage terms. Consumers are able to create personal, password-protected accounts on the site to store their research.

News In Brief

Coldwell Banker Stevens Realtors said the following agents were the top producers in their offices in April: Steve and Ruth Orton and Jeannie Ellis, Annapolis; Jim Newcomb and Linda Johnson, Glen Burnie; and Helen Thompson and Bonnie Wolfe, Severna Park.

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