The Federal National Mortgage Association is one of the premier US legal finance associations. It is a financial organization that principally buys mortgage loans from the Mortgage Bankers, who are their chief suppliers. It serves to provide liquidity to the mortgage market.
The stockholders are the chief owners of the Federal National Mortgage Association. They are entrusted with the responsibility of choosing ten of the fifteen directors. The President elects the rest.
The contact details of the Federal National Mortgage Association are as follows:
Address- Federal National Mortgage Association
3900 Wisconsin Avenue NW
Washington DC 20016
e-mail address- www.fannimae.com
There was a rapid growth of legal finance associations in the US between 1939 and 1969. Economists attributed this to a coincidental meeting of supply and demand. The American Finance Association was one of the several flourishing bodies back then.
Divorce Online deals with the general tax queries related to a divorce. It also advises consumers on planning beforehand for a divorce with regards to the different financial considerations.
National Native American Law Student Association provides students with finance during the academic year. The main media include financial grants, employment opportunities, curriculum development, tutorial programs and research projects.
The American Association of Law Libraries is devoted to help people to finance their studies in the field of Library and Information Science.
The American Legal Finance Association was built in July, 2004. It provides finance to victims of personal injury and commercial plaintiffs who are involved in court cases. They have a network of fifteen companies across the US that helps them in carrying out these functions.
Following are the areas covered by the leading US legal finance associations:
general legal finance
swaps and derivatives
Last Updated on : 1st August 2013