David H. Carpenter
To: Honorable Carolyn Maloney
You have asked for an explanation of the typical process by which Fannie Mae (the Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) evaluate requests from mortgage borrowers to establish oil, gas, or mineral leases on properties for which Fannie Mae and Freddie Mac own or guarantee the mortgage secured by such properties.
Date of Report: September 15, 2011
Number of Pages: 4
Order Number: M-091511
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