Fannie Mae

or Fanny Mae


noun

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

Origin of Fannie Mae

altered from FNMA, the association's initials
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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