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Fannie Mae

Fannie Mae

Fannie Mae Enhances True Cost Calculator; Version 2.0 Offers New Features to Help Lenders and Borrowers Consider Cost of Mortgage Products Faster WASHINGTON, DC – As consumers decide whether to buy or refinance their mortgages to benefit from the recent drop in interest rates, Fannie Mae (FNM/NYSE), the nation’s largest source of financing for home mortgages, today introduced its newest version of the True Cost CalculatorSM, an online tool that provides a simple way for consumers to consider various mortgage options as they work with their mortgage lender. The newest release of True Cost Calculator 2.0 allows consumers to benefit from a more intuitive design and new features such as the ability to create a file and save multiple loan scenarios for comparison purposes without having to re-enter their data."We are pleased to offer these enhancements to the True Cost Calculator," said David Voth, chief product development officer, Fannie Mae/eBusiness. "With our new web infrastructure, we are able to provide our lender partners with a version of True Cost Calculator that is more powerful, faster, and more reliable. This enables us to offer the new online capabilities, and time-saving efficiencies to the growing number of partners who are linking to

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