Federal National Mortgage Association

FNMA or Fannie Mae. 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.

Related Terms: 18 Buy, Chart, ECU, Fannie Mae, FNMA, Guarantee, Interest, Inc., Mortgage, Market, Open, Open market, Pool, Principal, Ratio, SEC, Secondary market, Sell

Other Related Pages: Category: Stocks Starting With: F

Additional Related Terms: 10-K, Asset/equity ratio, Accrued interest, Accrued market discount, American Municipal Bond Assurance Corporation, Asset-backed security, At par, All or any part, At best, At call