Difference between revisions of "Fannie Mae"
Jump to navigation
Jump to search
m (link, cat) |
(further info on name + ref) |
||
| Line 1: | Line 1: | ||
| − | '''Fannie Mae''' is a company that deals with the secondary [[mortgage]] market. It was founded by the U.S. government in order to provide liquidity for mortgages. The company was bailed out by the US Government in 2008 (along with [[Freddie Mac]]). | + | '''Fannie Mae''' is the common name for the Federal National Mortgage Association (FNMA). <ref>[http://www.visualthesaurus.com/cm/wordroutes/1529/ Blaming Fannie and Freddie], Ben Zimmer, ''Visual Thesaurus'', September 16, 2008</ref> Fannie Mae is a company that deals with the secondary [[mortgage]] market. It was founded by the U.S. government in order to provide liquidity for mortgages. The company was bailed out by the US Government in 2008 (along with [[Freddie Mac]]). |
| + | |||
| + | ==References== | ||
| + | {{reflist|2}} | ||
[[Category:Banking]] | [[Category:Banking]] | ||
Revision as of 06:40, September 22, 2008
Fannie Mae is the common name for the Federal National Mortgage Association (FNMA). [1] Fannie Mae is a company that deals with the secondary mortgage market. It was founded by the U.S. government in order to provide liquidity for mortgages. The company was bailed out by the US Government in 2008 (along with Freddie Mac).
References
- ↑ Blaming Fannie and Freddie, Ben Zimmer, Visual Thesaurus, September 16, 2008