Popularly known as "Fannie Mae" an active participant in the secondary mortgage market. Fannie Mae was established as a federal agency in 1938 for the purpose of purchasing FHA loans from loan originators to provide some liquidity for government-insured loans in a depression-wracked economy when few lending institutions would undertake this type of loan.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). federal national mortgage association (fnma). Retrieved October 2, 2026, from http://smartdefine.org/federal_national_mortgage_association_(fnma)/definitions/1153758 |
| Chicago | Barry Goldsmith. 2010. "federal national mortgage association (fnma)" http://smartdefine.org/federal_national_mortgage_association_(fnma)/definitions/1153758 (accessed October 2, 2026). |
| Harvard | Barry Goldsmith 2010, federal national mortgage association (fnma), Smart Define, viewed 2 October, 2026, <http://smartdefine.org/federal_national_mortgage_association_(fnma)/definitions/1153758>. |
| MLA | Barry Goldsmith. "federal national mortgage association (fnma)" 21 October 2010. Web. 2 October 2026. <http://smartdefine.org/federal_national_mortgage_association_(fnma)/definitions/1153758> |