1.   Apex then plans to borrow fairly heavily to buy additional mortgages.

2.   Both agencies, which specialize in buying mortgages and repackaging them as securities, have talked with lenders about changing guidelines to more readily accept mortgages with prepayment penalties.

3.   A better use of public reserves would have been to buy mortgages from banks, making them healthier and better able to loan money.

4.   Businesses benefit from falling interest rates because they cut the cost of borrowing for them and for consumers using credit cards or buying mortgages.

5.   By originating loans, Dynex saves money because it does not have to buy mortgages in the secondary market.

6.   Fannie Mae plans to require some lenders it buys home mortgages from to obtain information from just one bureau instead of three.

7.   Fannie Mae is a government-sponsored enterprise that buys mortgages, then packages and resells them to investors in the form of securities.

8.   Fannie Mae is a publicly-traded, government sponsored company that buys mortgages either to hold in its portfolio or package as mortgage-backed securities.

9.   Federal Home Loan Mortgage Corp., a company that also buys home mortgages, plans to report its earnings tomorrow.

10.   Fannie Mae buys mortgages from other financial companies, which then can reinvest the money in other mortgages.