Definition FNMA A corporation created by Congress to facilitate the secondary mortgage market. Popularly known as Fannie Mae. RELATED CATEGORIES ...
FNMA See Federal National Mortgage Association. FOK See Fill-or-Kill.
FNMA "Fannie Mae" Federal National Mortgage Association. A publicly owned corporation sponsored by the federal government that provides liquidity in the mortgage market. It buys mortgages from mortgage underwriters financed by issuing bonds.
FNMA (FEDERAL NATIONAL MORTGAGE ASSOCIATION) - See: AGENCIES. FOCUS REPORT - A document summarizing information concerning a broker-dealer's financial and operational status that a broker-dealer is required to file with its regulatory ...
EFT EFTA EFTS EFTS EMIP EMS EMT EPS ERISA EROC ERTA ERV ESOP ESOP EST ET ETAC FAC FACS FACTS FADA Fannie Mae FASB FATF FBO FCIA FCM FCR FDDI FDI Act FDIC FDICIA FFB FFIEC FHA FHFB FHLB FHLBB FHLMC FIA FIBSEA FIBV FID FinCEN FIRREA FISR FIU FmHA FNMA ...
Fannie Mae FNMA or Fannie Mae. Originally set up by congress in 1938 to aid the US... far month The month of an option contract or futures contract which has the latest delivery date. Also known as furthest month.
A nickname for the Federal National Mortgage Association (FNMA). A private, shareholder-owned company that purchases mortgages from lenders so those lenders will have more funds available to loan to other potential homebuyers.
Treasury Notes (2.375%), Federated Prime Value Obligations, and FNMA (2.75%). The expense ratio of this no-load mutual fund is 0.30%. The minimum investment is $1 million, and the average return over the last five years is 6.74%. (May 2011) ...
Federal National Mortgage Association FNMA- Is more commonly known as Fannie Mae. This corporation was chartered in 1938 to purchase mortgages from lenders to help resell them to the public at large and to investors.
The Federal National Mortgage Association (FNMA). Also nicknamed Fannie-Mae. A government sponsored private corporation that purchases mortgages from lenders. Fannie Mae is the largest non-bank financial services company in the world.
Federal National Mortgage Association (FNMA) Fannie Mae. A privately owned corporation which provides a secondary market for federally guaranteed or insured mortgages as well as conventional mortgages.
Government bonds that are issued by agencies of the US Government such as FNMA (' Fannie Mae ' or Federal National Mortgage Association) bonds, GNMA (' Ginnie Mae ' or Government National Mortgage Association) bonds, ...
The Federal National Mortgage Association, commonly known as Fannie Mae, trades under the New York Stock Exchange ticker symbol FNMA. Fannie Mae was established in 1938 by the US Congress as a Government Sponsored Enterprise, or GSE.
Agencies: Federal agency securities, i.e. FNMA, GNMA. Amortization: An accounting method that allows a company to write-off intangible rights or assets over the period of their existence.
Government National Mortgage Association . The government owned entity that was established to take over some of the FNMA functions. Unlike the FNMA its paper bears a government guarantee. GNP Deflator: ...
Federal agency bond Fixed-income security issued by a government agency such as FNMA. Federal agency securities Securities issued by corporations and agencies created by the US government, such as the Federal Home Loan Bank Board and Ginnie Mae.
agencies: Government National Mortgage Association (GNMA or Ginnie Mae), which issued the first mortgage security in 1970; Federal Home Loan Mortgage Corporation (FHMLC or Freddie Mac); and Federal National Mortgage Association (FNMA or Fannie Mae).
There may also be some feeling of government "guilt" in play as quasi-government agencies like FNMA and Freddie Mac helped cause the housing crisis by setting the standards for easy mortgage money.
A benchmark index that includes 15- and 30-year fixed-rate securities backed by mortgage pools of the Government National Mortgage Association (GNMA), Federal Home Loan Mortgage Corporation (FHLMC), and Federal National Mortgage Association (FNMA).
interest rate on a loan in exchange for lower up front costs, generally paid in Origination Fees, Broker Fees or Discount Points. This 'may [be used to] wipe out or offset other loan costs, like Loan Level Pricing Adjustments (institutend by FNMA).
MBSCC provides its specialized services to major market participants active in various Government National Mortgage Association (GNMA), Fannie Mae(FNMA) and Federal Home Loan Mortgage Corporation (FHLMC) MBS programs.
See also: Market, Investment, Fannie Mae, Fannie, Securities
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