Federal National Mortgage Association

Fannie Mae - Fannie Mae, officially known as the Federal National Mortgage Association (FNMA), is a government-sponsored enterprise (GSE) in the United States that provides liquidity to the mortgage market by purchasing mortgages from lenders and securitizing them into mortgage-backed securities. Established to expand the secondary mortgage market, Fannie Mae aims to make housing more affordable by increasing the availability of mortgage funds.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/RF2QzHZFUjKsT8IUYZgJ40
Label (rdfs): Fannie Mae
Preferred Label: Federal National Mortgage Association
Alternative Labels: FNMA
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Definition and Examples

Definition: Fannie Mae, officially known as the Federal National Mortgage Association (FNMA), is a government-sponsored enterprise (GSE) in the United States that provides liquidity to the mortgage market by purchasing mortgages from lenders and securitizing them into mortgage-backed securities. Established to expand the secondary mortgage market, Fannie Mae aims to make housing more affordable by increasing the availability of mortgage funds.
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Class Relationships

Sub Class Of: Quasi-Public Governmental Body
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Additional Information

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Deprecated: False

Metadata

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