Fannie Mae
Americannoun
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any of the publicly traded securities collateralized by a pool of mortgages backed by the Federal National Mortgage Association.
noun
Etymology
Origin of Fannie Mae
Altered from FNMA, the association's initials
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Example Sentences
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At the precipice of the financial crisis, the government-sponsored enterprises Fannie Mae and Freddie Mac, with their implicit government guarantee and imprimatur, either securitized or guaranteed roughly half of all mortgages in the U.S.
From The Wall Street Journal ● Jul. 20, 2026
The cost of a jumbo loan might be expected to be higher because Fannie Mae and Freddie Mac don’t guarantee them, and they pose a higher risk to lenders.
From MarketWatch ● Jul. 9, 2026
And JPMorgan is among the banks fighting for a role to lead what could be a giant stock offering for the federal mortgage giants Fannie Mae and Freddie Mac.
From The Wall Street Journal ● Jun. 30, 2026
This company and Fannie Mae together have purchased and securitized about 70% of current U.S. mortgages, according to AmeriSave’s estimate.
From MarketWatch ● Jun. 23, 2026
Then came the collapse of the government-sponsored entities, Fannie Mae and Freddie Mac, both promptly nationalized.
From "The Big Short" by Michael Lewis
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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.