Fannie Mae
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.
Class Relationships
Parent(s)
Is Defined By
N/A
See Also
None
Children 0
- • None
Class Hierarchy Visualization
Interactive graph showing class relationships - click on any node to navigate to that class
Additional Information
Metadata
Comment
None
Description
None
Notes
- • None
Editorial Information
History Note
None
Editorial Note
None
Identifier
N/A
Deprecated
No
Source and Origin
No source or origin information available