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municipal mortgage enhancement |
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municipal mortgage enhancement (Munie Mae) A Fannie Mae program in which its mortgage backed securities are exchanged for the underlying mortgage on a tax-exempt multifamily project, thereby enabling the developer to obtain loan money at the lowest possible rate. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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