The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968 , a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporation's purpose is to expand the secondary ...
Federal National Mortgage Association (Fannie Mae). Fannie Mae purchases mortgages from lending institutions in an effort to increase affordable lending activity at those institutions. Fannie Mae is not a federal agency. It is a government-sponsored enterprise under the conservatorship of the Federal Housing Finance ...
Fannie Mae serves the people who house America. We are a leading source of financing for mortgage lenders and our financing makes sustainable homeownership and workforce rental housing a reality for millions of Americans.
The Federal National Mortgage Association is a mortgage company that services the secondary mortgage market. Fannie Mae doesn't lend you money directly but, instead, provides mortgage guarantees to and buys mortgages from other lenders. Fannie Mae then resells the accumulated mortgages to other financial ...
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Yes, you can buy homes directly from Fannie Mae. Fannie Mae (the Federal National Mortgage Association or FNMA) is a government-sponsored enterprise ( GSE) established in 1938 to expand the liquidity of home mortgages by creating a secondary mortgage market. As a secondary market participant, Fannie Mae does ...
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Federal National Mortgage Association company profile from Hoover's – get an in -depth analysis of Federal National Mortgage Association business, financials, industry focus, competitors and more.
Definition of Federal National Mortgage Association (Fannie Mae): US government sponsored public corporation (established in 1938) that buys and pools qualified mortgage loans from their originating financial institutions. It then issues securities backed by its ...