| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
FNMA
Definition 1.
Federal National Mortgage Association. A congressionally chartered corporation which buys mortgages on the secondary market, pools them and sells them as mortgage-backed securities to investors on the open market. Monthly principal and interest payments are guaranteed by FNMA but not by the U.S. Government. also called Fannie Mae.
|
Definition 2.
See Federal National Mortgage Association
|
|
|