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Fannie Mae, Ginnie Mae, & Freddie Mac
The Federal National Mortgage Association purchases loans from mortgage companies and depository institutions. The FNMA is a private secondary market investment corporation that is traded on the NYSE. The Federal Home Loan Mortgage Corporation is similar to the FNMA, but is government sponsored. Also like the FNMA, Freddie Mac is traded on the NYSE. The Government National Mortgage Association (GNMA) is a government owned agency that acts as a conduit for FHA and VA loans. Ginnie Mae guarantees the timely principal and interest payments to investors.




McAdams Financial Services offices are located in
Santa Barbara, Lompoc, Santa Monica, and San Diego.


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McAdams Financial Services
A California Licensed Mortgage Brokerage
217 East Anapamu Street, Santa Barbara CA 93101

phone 805.963.1496  
fax 805.965.4328 & 805.965.2870

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