Fannie Mae

English

Etymology

From its initialism, FNMA.

Proper noun

Fannie Mae

  1. (finance, informal) The Federal National Mortgage Association (FNMA), a stockholder-owned corporation sponsored by the US government, established in 1938 and partially privatized in 1968.
    Synonym: FNMA
    Hypernym: GSE
    • 2023 June 2, Anna Bahney, “Commercial and multifamily mortgage delinquencies rose in the first part of 2023”, in CNN[1]:
      The quarterly analysis looks at delinquency rates for five of the largest investor groups: FDIC-insured banks and thrifts, commercial mortgage-backed securities, life insurance companies, and Fannie Mae and Freddie Mac.

See also