Effective immediately, these programs, along with Kosher and Amish programs, will be open AND marketed to ALL AMERICANS.
Fannie Mae and Freddie Mac both accommodate Sharia Law-compliant home financing.
Fannie Mae even has a specific loan code for:
“Musharaka Islamic Finance Mortgages.”
Freddie Mac explicitly recognizes financing “designed to comply with Islamic law.”
Wow.
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