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Noun federal national mortgage association has 1 sense
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Definitions from the WebFederal National Mortgage AssociationNoun (proper): The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a U.S. government-sponsored enterprise that was created in 1938. It operates in the secondary mortgage market. Fannie Mae's purpose is to ensure that mortgage bankers have enough funds to lend to homebuyers, as well as to support the mortgage market stability. Related Products:
Sample Sentence: Fannie Mae plays a significant role in providing liquidity to the mortgage market, making homeownership more accessible. | ||||
federal government federal home loan bank system federal home loan mortgage corporation federal housing administration federal islamic republic of the comoros federal job safety law federal judiciary federal law enforcement training center federal national mortgage association federal office federal official federal party federal protective service federal public law federal republic federal republic of germany federal republic of nigeria
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