Federal National Mortgage Association

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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

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