Federal National Mortgage Association


 

Home
Site Map
Add Term
Search
About Us
Contributors

Federal National Mortgage Association

(Fannie Mae): A tax paying corporation created by Congress to support the secondary mortgage market. It purchases and sells residential mortgages insured by FHA or guaranteed by VA as conventional home mortgages.

Federal National Mortgage Association

In the US, a government-backed corporation which purchases mortgages from lenders and resells them to investors. It is financed by the issue of debt securities. Equity shares, known as Fannie Maes, are traded on the New York Stock Exchange.



Similar Matches

Association of Investment Trust Companies

Association of Investment Trust Companies

An association formed in 1932 to represent the interests of investment trust companies. Its main aims are the protection and promotion of the interests of its members and their shareholders. It also provides information on the composition and performance of investment trusts.Contact the AITC by phone on +44 (0)20 7282 5555 or by post at Durrant House, 8-13 Chiswell Street, London, EC1V 4YY or online at http://www.aitc.co.uk.


Savings and loan association

Savings and loan association

In the US, a financial institution in which depositors' savings are used to provide home mortgages loans.


Futures Industry Association

Futures Industry Association

The futures industry's national trade association in the US. They lobbied in favour of establishing a second layer of bureaucracy for the futures industry (NFA). URL: http://www.fiafii.org


Financial Intermediaries Managers and Brokers Regulatory Association

Financial Intermediaries Managers and Brokers Regulatory Association

The self regulating organisation originally responsible for governing financial advisers. Became part of the PIA in 1994.


Government National Mortgage Association

Government National Mortgage Association

In the US, a government-owned corporation which guarantees payment of interest and principal of mortgage-backed pass through securities. The corporation is nicknamed Ginnie Mae.


Further Suggestions

Savings and loan association
Building And Loan Association
Student Loan Marketing Association (SLMA)
Bond market association
Association of Private Client Investment Managers and Stockbrokers
European Free Trade Association
National Association of Investors Corporation
Savings And Loan Association
Association of Southeast Asian Nations (ASEAN)
Association Agreement
National Futures Association
Government National Mortgage Association (Ginnie Mae)
memorandum of association
American Association of Individual Investors
Federal Savings and Loan Association
IFA Association
Foreign Credit Insurance Association (FCIA)
European Association of Securities Dealers Automated Quotation
Securities Industry Association (SIA)
articles of association
National Association of Investors Corporation
Federal National Mortgage Association (FannieMae)
American Land Title Association (ALTA)
International Development Association (IDA)
C Califomia Land Title Association (CLTA)


 
All rights Reserved. Do not copy without permission. T4 Innovations Ltd