Fannie Mae (FNMA)

Fannie Mae (FNMA) – The Federal National Mortgage Association (FNMA or Fannie Mae) is a government chartered, publicly traded company that purchases home loans on the secondary market, and in doing so funds more home loans.

  • Example: Fannie Mae is one of the primary reasons most home buyers are able to get loans to purchase real estate. When lenders lend you money to purchase a home, they turn around and sell them home to companies like Fannie Mae on the secondary market.
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