Fannie Mae

Or Fanny Mae

noun

1. Federal National Mortgage Association.

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

Fannie Mae

/ ˈfænɪ meɪ /

noun

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

Word History and Origins

Origin of Fannie Mae¹

Altered from FNMA, the association's initials

Word History and Origins

Origin of Fannie Mae¹

C20: altered from the initials FNMA

Example Sentences

About four in 10 people surveyed by housing-finance giant Fannie Mae in September said it’s a bad time to sell.

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Three industry forecasters, the National Association of Realtors, the Mortgage Bankers Association, and Fannie Mae, foresee a pickup in home sales in 2026 as buying costs ease.

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For example, The Wall Street Journal recently reported that Fannie Mae and Freddie Mac have been allowed to step up purchases of mortgage-backed securities.

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Fannie Mae watchdogs were removed from their jobs after they had been probing whether Pulte had improperly obtained mortgage records of James and other Democrats, The Wall Street Journal previously reported.

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But we all saw how that transference of risk worked out for Fannie Mae, Freddie Mac, Lehman Brothers and Bear Sterns.

Read more on The Wall Street Journal