FNMA
- An acronym meaning Federal National Mortgage Association; a government-sponsored organization that provides financial products and services to increase the availability and affordability of housing in the United States
- FNMA sets standards for lenders to ensure the quality of mortgages they issue.
- The FNMA purchases loans from lenders to help stimulate the housing market.
- The role of FNMA also includes securitizing these loans to provide liquidity to lenders.
Provide Feedback
