# Fannie Mae

**IRI:** https://folio.openlegalstandard.org/RF2QzHZFUjKsT8IUYZgJ40

## Labels

**Preferred Label:** Federal National Mortgage Association

**Alternative Labels:**

- FNMA

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RwiYr04MwuGhJnwApa5Oua

**Deprecated:** False