FNMA
Noun
Meaning
a federally chartered corporation that purchases mortgages
Source: WordNetSynonyms
Hypernyms
Examples
Additional disclosure: FNMA, FMCC and related securities do not trade on major exchanges and are not marginable.
Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC).