FNMA Definition

FNMA

Definition

Federal National Mortgage Association. A congressionally chartered corporation which buys mortgages on the secondary market, pools them and sells them as mortgage-backed securities to investors on the open market. Monthly principal and interest payments are guaranteed by FNMA but not by the U.S. Government. also called Fannie Mae.

This content can be found on the following page:

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

email
print
cite
link
translate
share

FNMA is ...
... part of the Bonds, Real Estate and Stocks subjects.

Related Terms

jumbo mortgage - More

FNMA appears in the definitions of these other terms on BusinessDictionary.com

Fannie Mae