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What effect will the situation have on Fannie Mae student loan repayments?

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What effect will the situation have on Fannie Mae student loan repayments?

Old 09-30-08, 07:22 PM
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ManBearPig
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What effect will the situation have on Fannie Mae student loan repayments?

Does the present crisis have any bearing on my existing loans and repayment? If Fannie Mae were ultimately dissolved at some point, would they simply sell my debt to whatever other agency comes along?
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Old 09-30-08, 07:45 PM
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Nope, no effect at all. The debt would be sold off and you'd still owe it. Just keep sending in payments.
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Old 09-30-08, 07:49 PM
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For the borrower, absolutely nothing. They just get a new loan servicer.
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Old 09-30-08, 07:56 PM
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Ditto. None.
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Old 09-30-08, 08:20 PM
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You should start sending your payments to me.
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