Federal National Mortgage Association: Difference between revisions
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imported>Doug Williamson (Create page - source - FNMA - https://www.fanniemae.com/about-us/delivering-time-turmoil) |
imported>Doug Williamson (Expand definition - source - FNMA) |
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Fannie Mae is a US government sponsored corporation, established to expand the secondary mortgage market. | Fannie Mae is a US government sponsored corporation, established to expand the secondary mortgage market. | ||
Among other activities, it lends money to home buyers. | |||
It securitises mortgage loans as mortgage-backed securities. | It securitises mortgage loans as mortgage-backed securities. | ||
Revision as of 00:54, 12 January 2022
Mortgages - mortgage-backed securities - United States.
(FNMA, or Fannie Mae).
Fannie Mae is a US government sponsored corporation, established to expand the secondary mortgage market.
Among other activities, it lends money to home buyers.
It securitises mortgage loans as mortgage-backed securities.
It was founded in in 1938 and is headquartered in Washington DC.
See also
- Federal Home Loan Mortgage Corporation (FHLMC)
- Forbearance
- Foreclosure
- Government National Mortgage Association (GNMA)
- Mortgage
- Mortgage-backed securities
- Securitisation
- Security
- United States
