fnma Synonyms
No Synonyms and anytonyms found
fnma Meaning
Wordnet
fnma (n)
a federally chartered corporation that purchases mortgages
fnma Sentence Examples
- Fannie Mae (FNMA) is a government-sponsored enterprise that supports the U.S. housing market.
- FNMA purchases mortgages from banks and other lenders, thereby increasing their liquidity and decreasing interest rates.
- The FNMA mortgage-backed securities are widely traded in the secondary market, providing a source of capital for the housing industry.
- FNMA has been criticized for its role in the subprime mortgage crisis, which led to the 2008 financial crisis.
- After the crisis, FNMA was placed into conservatorship by the U.S. government.
- FNMA has since emerged from conservatorship and is now a private company.
- The common stock of FNMA is publicly traded on the New York Stock Exchange under the ticker symbol "FNMA."
- FNMA's primary business is to purchase and guarantee mortgages, but it also offers a variety of other housing-related products and services.
- FNMA is a major player in the U.S. housing market and has a significant impact on the availability and cost of mortgage financing.
- FNMA works with lenders, builders, and other industry participants to promote homeownership and affordable housing.
FAQs About the word fnma
a federally chartered corporation that purchases mortgages
No synonyms found.
No antonyms found.
Fannie Mae (FNMA) is a government-sponsored enterprise that supports the U.S. housing market.
FNMA purchases mortgages from banks and other lenders, thereby increasing their liquidity and decreasing interest rates.
The FNMA mortgage-backed securities are widely traded in the secondary market, providing a source of capital for the housing industry.
FNMA has been criticized for its role in the subprime mortgage crisis, which led to the 2008 financial crisis.
