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Federal National Mortgage Association |
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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 AssociationIn 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 MatchesAssociation of Investment Trust CompaniesAssociation of Investment Trust CompaniesAn 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 associationSavings and loan associationIn the US, a financial institution in which depositors' savings are used to provide home mortgages loans. Futures Industry AssociationFutures Industry AssociationThe 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 AssociationFinancial Intermediaries Managers and Brokers Regulatory AssociationThe self regulating organisation originally responsible for governing financial advisers. Became part of the PIA in 1994. Government National Mortgage AssociationGovernment National Mortgage AssociationIn 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 SuggestionsSavings and loan associationBuilding 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) |
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