Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• FNMA
  
  The Federal National Mortgage Association is the largest non-bank financial services company in the world. Also known as Fannie Mae, this federally-sponsored private company purchases conventional mortgages and mortgages that are insured by the federal government in order to allow lenders to clear up funds in order to make additional home loans to more homebuyers.
  
  Back