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Definition of Fannie Mae
1. Noun. A federally chartered corporation that purchases mortgages.
Definition of Fannie Mae
1. Proper noun. (finance) Widely-used nickname for the Federal National Mortgage Association (FNMA), a stockholder-owned corporation sponsored by the US government, established in 1938 and partially privatized in 1968. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Fannie Mae
Literary usage of Fannie Mae
Below you will find example usage of this term as found in modern and/or classical literature:
1. Housing Finance in Transition Economies by Takahiro Yasui, Centre for Co-operation with Non-members (2002)
"In 1968 because of budget pressures from the Vietnam War, Fannie Mae was moved
... Ginnie Mae was created as a successor to the old Fannie Mae; its purpose ..."
Other Resources:
