What does fnma mean?

Definitions for fnma
fnma

This dictionary definitions page includes all the possible meanings, example usage and translations of the word fnma.

Princeton's WordNet

  1. Federal National Mortgage Association, Fannie Mae, FNMAnoun

    a federally chartered corporation that purchases mortgages

Wikipedia

  1. fnma

    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.

ChatGPT

  1. fnma

    FNMA stands for Federal National Mortgage Association, commonly known as Fannie Mae. It is a government-sponsored enterprise in the United States designed to promote home ownership by creating a secondary market for mortgages. It buys and guarantees mortgages through the secondary mortgage market, allowing lenders to reinvest their assets into more lending and reducing the reliance on locally based savings and loan associations.

Suggested Resources

  1. FNMA

    What does FNMA stand for? -- Explore the various meanings for the FNMA acronym on the Abbreviations.com website.

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Numerology

  1. Chaldean Numerology

    The numerical value of fnma in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of fnma in Pythagorean Numerology is: 7

Popularity rank by frequency of use

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"fnma." Definitions.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.definitions.net/definition/fnma>.

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