Definitions for FANNIE MAE
ˈfæn i ˈmeɪfan·nie mae

Princeton's WordNetRate this definition:0.0 / 0 votes

1. Federal National Mortgage Association, Fannie Mae, FNMAnoun

   a federally chartered corporation that purchases mortgages

WiktionaryRate this definition:0.0 / 0 votes

1. Fannie Maenoun

   Widely-used nickname for the Federal National Mortgage Association (FNMA), a stockholder-owned corporation sponsored by the US government, established in 1938 and partially privatized in 1968.

WikipediaRate this definition:0.0 / 0 votes

1. Fannie Mae

   The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporation's purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS), allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations (or "thrifts"). Its brother organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac. In 2022, Fannie Mae was ranked number 33 on the Fortune 500 rankings of the largest United States corporations by total revenue.

ChatGPTRate this definition:0.0 / 0 votes

1. fannie mae

   Fannie Mae, also known as The Federal National Mortgage Association (FNMA), is a U.S government-sponsored enterprise (GSE) that aims to expand the secondary mortgage market by securitizing mortgages in the form of mortgage-backed securities (MBS) permitting lenders to reinvest their assets into more lending. It focuses on promoting home ownership and affordability by reducing the reliance on local banks for real estate financing. Founded in 1938 during the Great Depression as part of the New Deal, Fannie Mae's purpose is to create a secondary market for mortgages that are insured by the Federal Housing Administration.

WikidataRate this definition:0.0 / 0 votes

1. Fannie Mae

   The Federal National Mortgage Association, commonly known as Fannie Mae, was founded in 1938 during the Great Depression as part of the New Deal. It is a government-sponsored enterprise, though it has been a publicly traded company since 1968. The corporation's purpose is to expand the secondary mortgage market by securitizing mortgages in the form of mortgage-backed securities, allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally-based savings and loan associations. For a comprehensive list of articles discussing Fannie Mae, see Fannie Mae and Freddie Mac: A Bibliography.

Matched Categories

1. • Corporation

How to pronounce FANNIE MAE?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say FANNIE MAE in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of FANNIE MAE in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of FANNIE MAE in Pythagorean Numerology is: 5

Examples of FANNIE MAE in a Sentence

1. Bob Broeksmit:

   Requiring Fannie Mae and Freddie Mac to charge a 0.5 % fee on refinance mortgages they purchase will raise interest rates on families trying to make ends meet in these challenging times.

2. Mark Calabria:

   Extending Fannie Mae and Freddie Mac's foreclosure and eviction moratoriums through January 2021 keeps borrowers safe during the pandemic, this extension gives peace of mind to the more than 28 million homeowners with an enterprise-backed mortgage.

3. Kevin Puvalowski:

   The supposed victim in this case, Fannie Mae, hasn't lost a dime.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=FANNIE MAE
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Fannie_Mae
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Fannie_Mae
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=FANNIE MAE