Fannie Mae
Americannoun
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any of the publicly traded securities collateralized by a pool of mortgages backed by the Federal National Mortgage Association.
noun
Etymology
Origin of Fannie Mae
Altered from FNMA, the association's initials
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Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The Mortgage Bankers Association’s outlook calls for rates to average 6.1% this year, and Fannie Mae is predicting a 6% average rate.
He is the author of “The Fateful History of Fannie Mae,” published by History Press in 2012, and "Yours Truly," published by Kensington's Citadel Press imprint, a book on how to tell life stories.
However, Harabedian said that most of the contracts and guidelines of Fannie Mae and Freddie Mac — the government-sponsored organizations that hold or guarantee the majority of U.S. mortgages — do not bar loan deferrals.
From Los Angeles Times
Agency MBS are mortgage-backed securities issued by the likes of Fannie Mae.
From Barron's
And the White House, which oversees Fannie Mae and Freddie Mac — the two enterprises that back most U.S. mortgages — continues to push the idea of portable and assumable mortgages.
From Los Angeles Times
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
