Fan|nie Mae

Fan|nie Mae
Fan|nie Mae or Fan|ny May «FAN ee MAY»,
the Federal National Mortgage Association (a government-chartered private organization, established to buy and sell mortgages to create a revolving fund for mortgage lending).
[< spelling for pronunciation of its abbreviation, FNMA]

Useful english dictionary. 2012.

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  • FannieMae — Fan·nie Mae (fănʹē māʹ) n. A security issued by the Federal National Mortgage Association and secured by a pool of federally insured and conventional mortgages.   [Alteration of F(ederal) N(ational) M(ortgage) A(ssociation).] * * * …   Universalium

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