from The American Heritage® Dictionary of the English Language, 4th Edition
- abbr. Federal National Mortgage Association
from the GNU version of the Collaborative International Dictionary of English
- n. The federal national mortgage association a federally chartered corporation that purchases and resells mortgages.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a federally chartered corporation that purchases mortgages
Sorry, no etymologies found.
Show me a CRA pool, acquired by FNMA from a CRA-regulated depository, before the credit freeze (I assume you know when that occurred).
The guy from FNMA is a disaster, he ran FNMA into the ground and helped create the disfunction in the market now.
A homeownership rate of 70 percent, which is common in several affluent European nations, is perfectly reasonable -- if our political system keeps sharks like the subprime gang from wrecking the system and agencies such as FNMA from being corrupted.
Fannie Mae will trade under the OTC ticker symbol "FNMA," and Freddie Mac will trade under
OTC Bulletin Board - which tracks quote, price and volume information in OTC securities - under the symbol "FNMA".
Because, not only have economists been unable to prove that their models work, but no one managed to prove that The graph above shows the fate of close to 1000 financial institutions (includes busts such as FNMA, Bear Stearns, Northern Rock, Lehman Brothers, etc.).
FNMA does not lend to individuals, as I understand it.
They have included FNMA and GNMA, which have reduced home financing costs for almost everyone.
FNMA has no way of knowing whether a particular loan is to a black borrower.
Government corporations like FNMA which bought their paper got into trouble.