Fannie Mae
or Fanny Mae
any of the publicly traded securities collateralized by a pool of mortgages backed by the Federal National Mortgage Association.
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Origin of Fannie Mae
1- Compare Freddie Mac, Ginnie Mae.
Words Nearby Fannie Mae
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use Fannie Mae in a sentence
To qualify for this relief, the loan has to be federally owned or backed by federal agencies or entities such as Fannie Mae or Freddie Mac.
Covid forced more borrowers to be late on their mortgages than at any time since the Great Recession, CFPB reports | Michelle Singletary | May 7, 2021 | Washington PostFannie Mae listed it for $210,000 before reducing it to $199,900, and Zillow says it’s worth up to $221,000.
The Climate Real Estate Bubble: Is the U.S. on the Verge of Another Financial Crisis? | Graphics by Emily Barone | April 19, 2021 | TimeIt was a “disrupter” program called Inroads that helped her get her first job working for Fannie Mae.
She oversaw the slow and painful process of righting the ship, as Citi paid hundreds of millions of dollars to settle claims that it had sold faulty mortgages to Fannie Mae and Freddie Mac years earlier.
How Jane Fraser broke banking’s highest glass ceiling | Claire Zillman, reporter | October 19, 2020 | FortuneFreddie Mac and Fannie Mae are privately owned, but they have been financially backstopped by the federal government and are required to meet goals for lending on affordable housing.
The Kushners’ Freddie Mac Loan Wasn’t Just Massive. It Came With Unusually Good Terms, Too. | by Heather Vogell | October 1, 2020 | ProPublica
As with AIG, the government essentially bailed out the financial system by bailing out Fannie Mae and Freddie Mac.
Remember the $182 Billion AIG Bailout? It Just Wasn’t Generous Enough | Daniel Gross | October 15, 2014 | THE DAILY BEASTFannie Mae and Freddie Mac, which buy almost every mortgage originated in the U.S., are still functioning.
Government Shuts Down and Private Sector Feels the Pain, Too | Daniel Gross | October 4, 2013 | THE DAILY BEASTFannie Mae in September paid a $10.2 billion dividend and Freddie Mac paid a $4.4 billion dividend.
Government Shuts Down and Private Sector Feels the Pain, Too | Daniel Gross | October 4, 2013 | THE DAILY BEASTIn May, Fannie Mae said it would make a $59.2 billion payment to Treasury by the end of June.
Fannie Mae Just Made a $59.3B Payment—and It’s All Deficit Reduction | Daniel Gross | June 28, 2013 | THE DAILY BEASTFannie Mae and Freddie Mac, the government-owned mortgage agencies, have been minting money and turning it over to Treasury.
British Dictionary definitions for Fannie Mae
/ (ˈfænɪ meɪ) /
(in the US)an informal name for the Federal National Mortgage Association, a private company that buys and sells mortgage debt
Origin of Fannie Mae
1Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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