Federal National Mortgage Association - In 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.
Federal National Mortgage Association : in 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.
Federal National Mortgage Association