fannie mae

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Definitions from WordNet

Noun fannie mae has 1 sense

Federal National Mortgage Association, Fannie Mae, FNMA - a federally chartered corporation that purchases mortgages
--₁ is a kind of corporation, corp

Definitions from the Web

Fannie Mae

Noun:

1. Fannie Mae (proper noun): A private, shareholder-owned company chartered by Congress in 1938 to provide liquidity to the mortgage market.

Example sentence: Investors can buy shares of Fannie Mae on the stock market.

Related products:

Stocks of Fannie Mae

Noun:

2. fannie mae (lowercase): Slang term referring to a mortgage loan that is guaranteed or securitized by Fannie Mae.

Example sentence: He got a great interest rate on his house because it was a fannie mae loan.

Related products:

Books on Fannie Mae mortgage loans

Additional Information:

To learn more about Fannie Mae, you can visit their official website here.

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