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Glite Dictionary
FNMA

FNMA

1 7.2
A US company that buys and guarantees home loans
  • noun
  • /ˈɛfˈɛnˌɛmˈeɪ/
  • US
translation icon : FNMA
  • Our home has been foreclosed on, sold to new owners FNMA, and now must be vacated by 3-29-12.
  • 1/4 FNMA
  • down FNMA
  • 1 FNMA

Examples

  • As to FNMA and FHLMC representing only 16% of the loans, that's a bit misleading.

    Blog text (31)

  • Loans serviced for others, including FNMA/FRE and GNMA, will follow specific investor guidelines.

    Blog text (7)

  • However, according to the latest FNMA surveys, close to 70% still think that buying a home is something they want to do.

    Blog text (22)

  • Why don't new owners, FNMA, offer us rental or home modification or any help?

    Blog text (21)

  • Many of these mortgages were actually inside FNMA or FHLMC pooled issues.

    Blog text (21)

  • Shouldn't FNMA and FHLMC have the documentation?

    Blog text (21)

  • The lending industry in Puerto Rico might reasonably question the FNMA requirements of earthquake insurance, which increase the cost of homeownership there and are not applied in areas of greater seismic risk, such as Alaska and California.

    Academic text (1993)

  • WASHINGTON, DC -- Today, Fannie Mae (FNMA/OTC) announced that it will launch HomeRight, a three-point community relief program designed to help more homeowners avoid foreclosure and improve community and housing market stability.

    Blog text (22)

  • The FNMA, also known as Fannie Mae, plays a crucial role in providing affordable home financing options for many Americans.

  • Through the FNMA, government-backed loans have become more accessible, helping families achieve their dream of homeownership.

Synonyms

Fannie Mae
vsFNMA
  • US
2 5.6

A United States government-backed company that buys and guarantees home loans

is the formal name for the same corporation without stressing liquidity
Federal National Mortgage Association
vsFNMA
  • Formal
6.3

A US company created by the government that buys and guarantees home loans to help the mortgage market

uses the federally chartered label rather than government sponsored phrasing

Surface Forms

FNMA singular
FNMA plural
FNMA's singular

Etymology

FNMA is short for Federal National Mortgage Association and is commonly called 'Fannie Mae', a friendly name made from the letters. It was created by the U.S. government to buy and guarantee home loans, so FNMA today means the large company that buys and protects many mortgages.