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Fannie mae

name, slang

Definitions

Proper Noun
  1. 1
    The Federal National Mortgage Association (FNMA), a stockholder-owned corporation sponsored by the US government, established in 1938 and partially privatized in 1968. informal

    "The quarterly analysis looks at delinquency rates for five of the largest investor groups: FDIC-insured banks and thrifts, commercial mortgage-backed securities, life insurance companies, and Fannie Mae and Freddie Mac."

Noun
  1. 1
    a federally chartered corporation that purchases mortgages wordnet

Etymology

From its initialism, FNMA.

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