The Federal National Mortgage Association (FNMA), common... - dofaq.co
fannie mae

The Federal National Mortgage Association (FNMA), common...

wikipedia - 14 Aug 2015
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the New Deal, the corporation's purpose is to expand the secondary mortgage market by securitizing mortgages in the form of mortgage-backed securities (MBS), allowing lenders to reinvest their assets into more lending and in effect increasing the number o

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