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Fannie Mae

or Fanny Mae

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noun
any of the publicly traded securities collateralized by a pool of mortgages backed by the Federal National Mortgage Association.

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Origin of Fannie Mae

Altered from FNMA, the association's initials
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use Fannie Mae in a sentence

British Dictionary definitions for Fannie Mae

Fannie Mae
/ (ˈfænɪ meɪ) /

noun
(in the US)an informal name for the Federal National Mortgage Association, a private company that buys and sells mortgage debt

Word Origin for Fannie Mae

C20: altered from the initials FNMA
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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