FEDERAL NATIONAL MORTGAGE ASSOCIATION (FANNIE MAE)

A company that buys mortgage loans from banks and issues securities on the open market. Started by FAnnie Mae.

More On This Topic



Link to This Definition
Did you find this definition of FEDERAL NATIONAL MORTGAGE ASSOCIATION (FANNIE MAE) helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary