Meaning FEDERAL NATIONAL MORTGAGE ASSOCIATION (FANNIE MAE): A publicly owned, government-sponsored corporation chartered in 1938 to purchase mortgages from lenders and resell them to investors. Known by the nickname Fannie Mae, it packages mortgages backed by the Federal Housing Administration, but also sells some nongovernment-backed mortgages
More terms such as Federal National Mortgage Association (Fannie Mae) in Dictionary F.
- Definition Financial Adviser:
- Examples A professional offering financial advice to clients for a fee and/or commission federal national mortgage association (fannie mae) definition.
- Definition Forward Differential:
- Examples Annualized percentage difference between spot and forward rates federal national mortgage association (fannie mae) explain.
- Definition Forced Conversion:
- Examples convertible security is called in by the issuer, usually when the underlying stock is selling well above the conversion price. The issuer thus assures the bonds will be retired without requiring any federal national mortgage association (fannie mae) what is.
- Definition Flip Side:
- Examples In the context of general equities, opposite side to a proposition or position (buy, if sell is the proposition and vice versa federal national mortgage association (fannie mae) meaning.
- Definition Fund Manager:
- Examples responsibility it is to oversee the allocation of the pool of money invested in a particular mutual fund. The fund manager is charged with investing the money to attain the returns and level of risk federal national mortgage association (fannie mae) abbreviation.
