What does fannie mae mean?

Definitions for fannie mae
ˈfæn i ˈmeɪfan·nie mae

Here are all the possible meanings and translations of the word fannie mae.

Princeton's WordNet

  1. Federal National Mortgage Association, Fannie Mae, FNMAnoun

    a federally chartered corporation that purchases mortgages

Wiktionary

  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.

Freebase

  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.

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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. Kevin Puvalowski:

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

  2. 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.

  3. 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.

Images & Illustrations of fannie mae

  1. fannie mae

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