Fannie Mae - Federal National Mortgage AssociationPersonal Finance Blog, Budgeting, Debt @ Bankaholic
The Federal National Mortgage Association is better known by the name Fannie Mae. As you can guess, Fannie Mae is the pronunciation of the acronym FNMA.
What isn?t widely known is that the FNMA is considered a government sponsored enterprises (GSE). It isn?t the only GSE created by Congress but it is probably the best known because of its role in the mortgage arena.
(more…)