What is the full form of FNMA?
In the United States housing finance and secondary mortgage market, FNMA stands for the Federal National Mortgage Association, universally recognized by its corporate nickname Fannie Mae. It operates as a government-sponsored enterprise designed to provide a continuous and liquid supply of funds to mortgage lenders by purchasing residential mortgages, thereby supporting affordable homeownership across the country.
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Fannie Mae and FNMA are entirely identical, referring to the exact same corporate entity.
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The acronym FNMA stands for the "Federal National Mortgage Association," which is universally known in housing finance and capital markets by its popular nickname, Fannie Mae.
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