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Fannie Mae

or Fanny Mae

noun

  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
“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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Word History and Origins

Origin of Fannie Mae1

Altered from FNMA, the association's initials
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Word History and Origins

Origin of Fannie Mae1

C20: altered from the initials FNMA
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