What is the meaning of FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA) ALSO KNOW AS FANNIE MAE?

FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA) ALSO KNOW AS FANNIE MAE is a tax-paying corporation created by Congress that purchases and sells conventional residential mortgages as well as those insured by FHA or guaranteed by VA to add cash to the mortgage market. This institution, which provides funds for one in seven mortgages, makes mortgage money more available and more affordable.

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APABarry Goldsmith. (2010). federal national mortgage association (fnma) also know as fannie mae. Retrieved October 2, 2026, from http://smartdefine.org/federal_national_mortgage_association_(fnma)_also_know_as_fannie_mae/definitions/1153760
ChicagoBarry Goldsmith. 2010. "federal national mortgage association (fnma) also know as fannie mae" http://smartdefine.org/federal_national_mortgage_association_(fnma)_also_know_as_fannie_mae/definitions/1153760 (accessed October 2, 2026).
HarvardBarry Goldsmith 2010, federal national mortgage association (fnma) also know as fannie mae, Smart Define, viewed 2 October, 2026, <http://smartdefine.org/federal_national_mortgage_association_(fnma)_also_know_as_fannie_mae/definitions/1153760>.
MLABarry Goldsmith. "federal national mortgage association (fnma) also know as fannie mae" 21 October 2010. Web. 2 October 2026. <http://smartdefine.org/federal_national_mortgage_association_(fnma)_also_know_as_fannie_mae/definitions/1153760>