Federal National Mortgage Association. The federal agency that issues Fannie Maes.
Federal National Mortgage Association. An agency formerly of the Federal Government that buys and sells mortgages in the secondary money market. “Fannie Mae.
FEDERAL NATIONAL MORTGAGE ASSOCIATION. A federal corporation that provides lenders with a secondary mortgage money market. Back to the Top
Federal National Mortage Association, Fannie Mae
Like FHLMC, FNMA is a privately-held corporation that is engaged in buying and securitizing conventional and FHA/VA mortgage loans. FNMA issues mortgage pass-through certificates and Collateralized Mortgage Obligations. FNMA guarantees uninterrupted payment of interest and principal should any of the underlying mortgage-loans default in a FNMA pass-through.
A private quasi-governmental corporation that is organized to provide secondary mortgage assistance for residential housing through the purchase of eligible FHA insured/VA guaranteed mortgages. FNMA's function is to buy FHA/VA mortgages and leave the servicing in the hands of the originating lender. Mortgages thus purchased are sold to permanent private investors whenever the market permits. Popularly known as Fannie Mae.
A congressionally chartered private corporation that purchase FHA and VA loans.
FNMA is an acronym for Federal National Mortgage Association. FNMA is often referred to as "Fannie Mae." FNMA is a publicly owned corporation chartered by Federal government in 1968. The President of United States appoints a portion of its Board of Directors FNMA is the nation's largest mortgage investor. FNMA purchases conforming loans in the secondary market and sells securitized interests in mortgages to the public.
Commonly known as Fannie Mae. FNMA purchases and sells FHA, VA and conventional mortgages.
Is the Federal National Mortgage Association or Fannie Mae.
A federally sponsored private corporation which provides a secondary market for housing mortgages. (Back to Terms list)
Federal National Mortgage Association. FORECLOSURE: An enforcement process in which the lender under a defaulted mortgage takes title to the property for the purposes of selling it to recoup moneys owed under the mortgage.
Federal National Mortgage Association. A congressionally chartered corporation with private stockholders that purchases residential mortgages insured by FHA or guaranteed by VA, as well as conventional home mortgages. Popularly known as Fannie Mae.
Federal National Mortgage Association. Also known as Fannie Mae. 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. This institution, which provides funds for one in A legal procedure in which property securing debt is sold by the lender to pay a defaulting borrower's debt .
Federal National Mortgage Association. Also called Fannie Mae, a private mortgage buyer that provides liquidity in the mortgage marketplace.
A private corporation dealing in the purchase of first mortgages, at discounts.
Federal National Mortgage Association. FNMA is a federal corporation working under the auspices of the Department of Housing and Urban Development, (HUD). It is the largest single provider of residential mortgage funds in the United States. Fannie Mae is a private stockholder-owned corporation. The corporation's purchases include a variety of adjustable mortgages and second loans in addition to fixed-rate mortgages. FNMA's securities are also highly liquid and are widely accepted. FNMA guarantees that all security holders will receive timely payment of principal and interest.
Federal National Mortgage Association. 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. Also know as "Fannie Mae."
Federal National Mortgage Association. A quasi-public corporation that purchases loans through the secondary mortgage market.
Federal National Mortgage Association. Commonly known as 'Fannie Mae.' A government sponsored but privately owned corporation whose primary function is to buy and sell conventional FHA and VA mortgages in the secondary market.
The Federal National Mortgage Association is a secondary mortgage institution which is the largest single holder of home mortgages in the United States. FNMA buys VA, FHA, and conventional mortgages from primary lenders. Also known as "Fannie Mae."
Federal National Loan Mortgage Association Corporation, sponsored by the government, which purchases mortgages from lenders and sells them to investors
Federal National Mortgage Association (Fannie Mae) is one of two private corporations whose charter is authorized and guaranteed by the Federal Government. Their charge is to provide liquidity to mortgage lenders by providing a guaranty to mortgage loans which gives them liquidity in the secondary mortgage markets.
The Federal National Mortgage Association nicknamed Fannie Mae, a private corporation founded by Congress to support the secondary mortgage market.
Federal National Mortgage Association. A federally chartered enterprise owned by private stockholders that purchases residential mortgages and converts them into securities for sale to investors; by purchasing mortgages, FNMA supplies funds that lenders may loan to potential homebuyers. Also known as Fannie Mae.
Also known as Fannie Mae. A federally chartered enterprise owned by private stockholders that purchases residential mortgages and converts them into securities for sale to investors; by purchasing mortgages, FNMA supplies funds that lenders may loan to potential homebuyers.
Federal National Mortgage Association. Also known as Fannie Mae, this is a tax-paying corporation created by Congress to support the secondary mortgage market. It purchases and sells residential mortgages insured by FHA and VA as well as conventional mortgages.
Federal National Mortgage Association. A government-sponsored corporation owned entirely by private stockholders. It is subject to regulation by the Secretary of Housing and Urban Development. It purchases and sells residential mortgages insured by FHA or guaranteed by VA, as well as conventional home mortgages. Purchases of mortgages are financed by the sale of corporate obligations to private investors. Fannie Mae.
A quasi-government agency, now publicly owned, which purchases mortgages from the original mortgage lenders.
Federal National Mortgage Association. Popularly known as "Fannie Mae," an active participant in the secondary mortgage market. Fannie Mae was established as a federal agency in 1938 for the purpose of purchasing FHA loans from loan originators to provide some liquidity for government-insured loans in a depression-wracked economy when few lending institutions would undertake this type of loan. Fannie Mae Online
Federal National Mortgage Association. A Congress created association which buys and sells residential mortgages insured by FHA or sponsored by VA.
The largest single lender on residential properties in the United States, generally purchases mortgages from primary lenders.
Federal National Mortgage Association. Popularly known as Fannie Mae, a private corporation whose primary function is to buy and sell mortgages in the secondary mortgage market.
Federal National Mortgage Association. Also known as "Fannie Mae." A corporation created by Congress that purchases and sells conventional, FHA and VA residential loans. Provides funds for 1 in 7 loans, making mortgage money more available and affordable.
Federal National Mortgage Association. Purchases mortgage loans from primary lenders in the secondary mortgage market.
Federal National Mortgage Association. A publicly-owned, government-sponsored corporation chartered in 1938 to purchase mortgages from lenders and resell them to investors. The agency, known by the nickname Fannie Mae, mostly packages mortgages backed by the Federal Housing Administration, but also sells some non-governmentally backed mortgages. Shares of FNMA itself, known as Fannie Maes, are traded on the New York Stock Exchange.
The Federal National Mortgage Association. FNMA buys existing FHA, VA and Conventional loans.
FEDERAL NATIONAL MORTGAGE ASSOCIATION. A federally chartered, semi-public corporation that purchases conventional and government guaranteed real estate loans. Their stock is traded on the New York Stock Exchange. The FNMA is popularly known as "Fannie Mae."
Federal National Mortgage Association. Shared Appreciation Mortgage (SAM)
Federal National Mortgage Association. The U.S.'s largest supplier of mortgages to home buyers and owners, a corporation established by Congress and owned by stockholders. It is commonly referred to as 'Fannie Mae,' this government-sponsored enterprise is chartered by Congress. This federally chartered agency buys mortgages from lending institutions, pools them with other loans, and sells shares to investors. Detailed information may be found at http://www.fanniemae.com
Federal National Mortgage Association. Also known as Fannie Mae. A privately owned corporation to support the secondary mortgage market. It adds liquidity to the mortgage market by investing in home loans through the country.
The Federal National Mortgage Association, a federally sponsored private corporation which provides a secondary market for housing mortgages.
Federal National Mortgage Association. The FNMA (or Fannie Mae) is one of the best known institutions in the secondary mortgage market. Fannie Mae buys mortgages from banks and other mortgage-lending institutions and, in turn, sells them to investors. These loan investments are considered safe because Fannie Mae buys mortgages only from companies that conform to its stringent mortgage regulations, and Fannie Mae guarantees the repayment of principal and interest on the loans that it sells.
Federal National Mortgage Association. The nation's largest mortgage investor. A quasi-governmental secondary market organization that offers various mortgage purchase and securitization programs.
The Federal National Mortgage Association is a major secondary market investor that purchases mortgage loans from mortgage bankers and other financial institutions. Also known as "Fannie Mae."
Federal National Mortgage Association; provides secondary mortgage market. FOMC Federal Open Market Committee; directs and regulates the Federal Reserve System's open-market operations.
The Federal National Mortgage Association. The largest supplier of home mortgage funds in the US.
Federal National Mortgage Association, also known as “Fannie Maeâ€. It is a tax-paying corporation created by Congress to purchase conventional, FHA, and VA residential mortgages. This institution is part of the secondary market and is the largest single holder of home mortgages in the United States.
Federal National Mortgage Association. Also known as Fannie Mae. 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. This institution, which provides funds for one in seven mortgages, makes mortgage money more available and more affordable.
Federal National Mortgage Association. A congressionally chartered private corporation (since 1938) that provides a secondary market for FHA, VA and conventional loans. Fannie Mae is the nation's largest private investor in American home mortgages. With assets in excess of $90 billion, it is the third largest corporation in the United States.
FEDERAL NATIONAL MORTGAGE ASSOCIATION. Fannie Mae: A privately owned corporation which provides a secondary market for federally guaranteed or insured mortgages as well as conventional mortgages. Its stock trades on the NYSE. It issues a number of different mortgage-backed securities.
Federal National Mortgage Association. A publicly owned, government-sponsored enterprise that purchase mortgages from lenders and resells them to investors.
Federal National Mortgage Association. A private corporation created by Congress to support the secondary mortgage market. Also known as Fannie Mae.
Federal National Mortgage Association. The nation's largest mortgage investor. Created in 1968 by an amendment to Title III of the National Housing Act (12 USC 1716 et seq.), this stockholder-owned corporation, a portion of whose board of directors is appointed by the President of the United States, supports the secondary market in mortgages on residential property with mortgage purchase and securitization programs. Also called Fannie Mae.
Federal National Mortgage Association. A corporation created by Congress to support the secondary mortgage market; it purchases and sells residential mortgages insured by the Federal Home Administration (FHA) or guaranteed by the Veteran's Administration (VA).
Federal National Mortgage Association. Popularly known as "Fannie Mae"; a privately owned corporation created by Congress to support the secondary mortgage market. It purchases and sells residential mortgages insured by the FHA or guaranteed by the VA, as well as conventional home mortgages.
Federal National Mortgage Association. A private corporation created by Congress to provide secondary mortgages, sometimes referred to as "Fannie Mae."
Federal National Mortgage Association. Fannie Mae, as it is better known, is a privately owned corporation created by Congress to operate in the secondary mortgage market. Fannie Mae buys and sells residential conventional mortgages and mortgages insured by the FHA or guaranteed by the VA.
Federal National Mortgage Association. Also known as "Fannie Mae". FNMA is the largest secondary mortgage organization and the largest supplier of home mortgage funds. They are a sort of a middleman between institutional banks and the Federal Reserve.
Federal National Mortgage Association, a private corporation dealing in the purchase of mortgages.
Federal National Mortgage Association. A privately held, NYSE-listed corporation, nicknamed Fannie Mae, that purchases residential, Federal Housing Administration, and Veterans Administration mortgages from savings institutions, and resells them by means of mortgage-backed securities. These securities are not guaranteed by the U.S. government.
FEDERAL NATIONAL MORTGAGE ASSOCIATION. Commonly known as "Fannie Mae", the FNMA is the largest and best known buyer of existing mortgages. The Federal National Mortgage Association was originally organized by the federal government in 1938 to purchase FHA-insured mortgages. The association was reorganized in 1968 as a quasi-private corporation whose entire ownership is private. Fannie Mae raises capital by issuing corporate stock which is actively traded on the New York Stock Exchange and by selling mortgages out of its portfolio to various investors. Over the past twenty years Fannie Mae has purchased many times more than it has sold. At the end of 1991 current mortgage holdings exceeded $100 billion, the majority being conventional mortgages.
See Federal National Mortgage Association.
Federal National Mortgage Association. Fannie Mae”, a privately owned part of the secondary mortgage market used to recycle mortgages made in the primary market, purchases conventional, FHA and VA loans.
a private corporation created by Congress to support the secondary market. FNMA sells mortgage-backed securities backed by pools of conventional loans. Popularly known as Fannie Mae
Federal National Mortgage Association. also know as "Fannie Mae" A government sponsored entity that purchases and sells conventional residential mortgages as well as those insured by FHA or guaranteed by VA.
Federal National Mortgage Association. Also known as "Fannie Mae". A U.S. government sponsored private corporation authorized to purchase and sell home mortgages. FNMA facilitates the orderly operation of the secondary market for these mortgages.
Federal National Mortgage Association. "Fannie Mae" A federally sponsored private corporation which purchases and sells conventional residential mortgages.
The Federal National Mortgage Association, or Fannie Mae. A quasi-governmental organization which purchases mortgage loans from banks, S&L', and mortgage bankers, groups them in pools, and sells security interest in the pools to institutional investors. Such sales make up a portion of the Secondary Market.
Federal National Mortgage Association. A government-sponsored but privately owned secondary mortgage market corporation that buys and sells FHA, VA, and conventional loans; commonly called Fannie Mae.
Federal National Mortgage Association. FNMA is one of the major secondary market investors that purchases loans from mortgage companies and other depository institutions. The company is a private corporation and its stock is traded on the New York Stock Exchange.
Federal National Mortgage Association. A governmental agency established to purchase any kind of mortgage loans in the secondary mortgage market from the primary lenders
FEDERAL NATIONAL MORTGAGE ASSOCIATION. "Fanny Mae", a quasi-public agency being converted into a private corporation whose primary function is to buy and sell FHA and VA mortgages in the secondary market. It provides a market for government secured mortgages held by primary lenders and provides them with a ready market so as to permit a greater turnover of money for loans.
(Federal National Mortgage Association, Fannie Mae). A government-sponsored corporation, owned solely by private investors, created to provide support to the secondary market for FHA and VA mortgages and conventional mortgages.
Federal National Mortgage Association. A government-sponsored corporation that purchases mortgages from lenders, repackages them and sells them. The agency, which is known as Fannie Mae, deals in both government-backed and conventional mortgages
Federal National Mortgage Association. Dubbed Fannie Mae, this congressionally chartered, shareholder-owned company that buys mortgages from lenders and resells them as securities on the secondary mortgage market.
Federal National Mortgage Association. The FNMA, also known as Fannie Mae, was established in 1938 by Congress to create a secondary market in mortgages issued by the Federal Housing Administration (FHA). Currently, FNMA is a privately owned corporation whose function is to buy and sell government insured or guaranteed mortgages to stabilize the supply and demand of mortgage money. Fannie Mae issues debentures and short-term discount notes to finance its mortgage purchases. FNMA guarantees timely payment of principal and interest on MBS it issues.
Stands for Federal National Mortgage Association or "Fannie Mae". This publicly owned government sponsored corporation backs mortgage loans, which are packaged together and sold to investors as "FNMAs".
Federal National Mortgage Association. Also known as "Fannie Mae". The largest non-bank financial services company in the world. FNMA 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. This institution adds liquidity to the mortgage market by investing in home loans through the country.
Federal National Mortgage Association. Now officially dubbed Fannie Mae, this federally chartered agency buys mortgages from lending institutions, pools them with other loans, and sells shares to investors.
Abbreviation for Federal National Mortgage Association. FNMA is a secondary mortgage institution holding the largest single share of home mortgages in the United States which buys VA, FHA, and conventional mortgages from primary lenders. Also known as "Fannie Mae."