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1. (n.) Fannie Mae
a congressionally chartered private corporation that supplies funds for home mortgages through continuous purchases of mortgages from lending institutions.
2. Fannie Mae
any of the publicly traded securities collateralized by a pool of mortgages backed by Fannie Mae.
Etymology: (1950–55; altered from the initials FNMA Federal National Mortgage Association, the former name)
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Princeton's WordNet |
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1. (noun) Federal National Mortgage Association, Fannie Mae, FNMA
a federally chartered corporation that purchases mortgages
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Definitions of fannie mae 
