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.

IRI: http://lmss.sali.org/RF2QzHZFUjKsT8IUYZgJ40
Branch: Governmental Body

Also known as

Federal National Mortgage Association, FNMA

Ancestry path

Governmental Body Quasi-Public Governmental Body

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