Fannie Mae

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Related to Fannie Mae: Freddie Mac

Fannie Mae:

see Federal National Mortgage AssociationFederal National Mortgage Association
(FMNA), commonly known as Fannie Mae,
government-sponsored enterprise that is the largest purchaser and guarantor of home mortgages in the country. Headquartered in Washington, D.C.
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Federal National Mortgage Association (Fannie Mae)

The quasi-private corporation chartered by the US government that functions as a secondary mortgage market for private residences.
References in periodicals archive ?
Chairman of the Capital Markets Subcommittee of the House Financial Services Committee, has already introduced legislation aimed at tightening control over both Fannie Mae and its mortgage competitor, Freddie Mac.
In addition, Fannie Mae has launched a number of consumer outreach efforts to help consumers overcome barriers to homeownership, often caused by a lack of information and fear of the home-buying process.
Fannie Mae invests directly in low-income, multi-family housing that is eligible for LIHTCs, or indirectly through partnership funds that pass the LIHTC benefits through to investors, and is the largest single investor in LIHTC"s to increase the availability of affordable multi-family housing.
The quasi-governmental nature of Fannie Mae, he says, shouldn't detract from its significance.
In a news conference with Mayor Schmoke, Johnson announced that Fannie Mae will open in Baltimore the first of 25 "Partnership Offices" that it intends to operate throughout the country in support of the company's new initiatives.
Through a series of second and third reviews of rejected mortgage applications, coupled with high quality home buyer counseling offered by local counseling agencies and Fannie Mae, every American who wants to get a mortgage will have their loan approved, or be put on a path that can lead to approval.
Fannie Mae representatives attended the hearing and were startled by the magnitude as well as the absurdity of some of the problems.
Fannie Mae also is providing credit enhancement in the form of Mortgage-Backed Securities (MBS) for $19 million of an $82 million mortgage revenue bond issued by IHFA.
The Fannie Mae Foundation sought a collaboration solution that would be easy to use and could integrate with existing investments to foster knowledge-sharing across the organization.
NEW YORK -- Fitch Ratings has downgraded the preferred stock rating for Fannie Mae to 'A+' from 'AA-'.
Fannie Mae Funds to Provide Capital for Short-Term, Low-Interest Loans to Finance Affordable Workforce and Transitional Housing