Federal National Mortgage Association (FNMA)

Now officially dubbed Fannie Mae, this federally chartered agency buys mortgages from lending institutions, pools them with other loans, and sells shares to investors.

Related Terms:

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  2. Abut
  3. Cooperative Project
  4. Federal Home Loan Mortgage Corporation (FHLMC)
  5. Federal Style

Comments

  1. William says:

    The offical Fannie Mae website is: http://www.fanniemae.com/

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