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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 MatchesSecurities Industry Association (SIA)Securities Industry Association (SIA)An association of broker-dealers who sell taxable securities, which lobbies the government, records industry trends, and keeps records of broker profits. Building And Loan AssociationBuilding And Loan AssociationAn organization for the purpose of accumulating a fund by subscription and savings of its members, to assist them with loans for building or purchasing real estate. Savings and loan associationSavings and loan associationNational- or state-chartered institution that accepts savings deposits and invests the bulk of the funds thus received in mortgages. BBA British Bankers AssociationBBA British Bankers AssociationThis is the trade organisation of the banks. Federal National Mortgage Association (FannieMae)Federal National Mortgage Association (FannieMae)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. Further SuggestionsSecurities Industry AssociationNational Association of Investors Corporation Government National Mortgage Association International Development Association (IDA) Financial Intermediaries Managers and Brokers Regulatory Association articles of association Association of Private Client Investment Managers and Stockbrokers Association Agreement Savings And Loan Association London Bullion Market Association Gnma (government National Mortgage Association) Options Savings Association Insurance Fund (SAIF) National Futures Association National Association of Investors Corporation American Association of Individual Investors (AAII) National Association of Securities Dealers Association of Unit Trusts and Investment Funds European Free Trade Association C Califomia Land Title Association (CLTA) IFA Association Japanese Association of Securities Dealers Automated Quotation System (Jasdaq) Consolidated Tape Association savings and loan association Futures Industry Association European Association of Securities Dealers Automated Quotation |
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