Fannie Mae

Or Fanny Mae

noun

Federal National Mortgage Association.
any of the publicly traded securities collateralized by a pool of mortgages backed by the Federal National Mortgage Association.

Fannie Mae

/ ˈfænɪ meɪ /

noun

(in the US)an informal name for the Federal National Mortgage Association, a private company that buys and sells mortgage debt

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Word History and Origins

Origin of Fannie Mae¹

Altered from FNMA, the association's initials

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Word History and Origins

Origin of Fannie Mae¹

C20: altered from the initials FNMA

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Example Sentences

Examples have not been reviewed.

If you are affected by a disaster, you may have the option to reduce or suspend your mortgage payments for up to 12 months, according to Fannie Mae, the Federal National Mortgage Assn.

From

In September of that year, US mortgage giants Fannie Mae and Freddie Mac were nationalised.

From

Fannie Mae and Freddie Mac should participate in the mortgage market only as fully private entities, without any implicit government guarantees.

From

Bob Simpson, a former executive at mortgage giant Fannie Mae, selected Johnson for an advisory board on a national nonprofit that aims to increase private capital for affordable housing.

From

Fannie Mae economists see an uptick in nominal wage growth this year, which should boost homebuyers’ ability to afford their first home in the longer term.

From

Farmer, Fannie fanning mill

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