real estate
Professionals

  Home     |   Agents    |    Markets    |    Definitions    |    Questions    |    Schools    |    Crime    |    Loans    |    Articles





A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



Real Estate Definition - Fannie Mae (FNMA)

Fannie Mae (FNMA) - Federal National Mortgage Association. Created in 1938, FNMA is a quasi-governmental agency that purchases real estate loans after they are originated by a lender. FNMA requires that the loans be underwritten to certain guidelines. It raises funds to purchase the loans through the issuance of bonds. See also back-end ratio, Freddie Mac, front-end ratio, and loan-to-value ratio.



© 2004 Bella Vista Publishing Company, Inc. ISBN 0-9718225-0-6

.

Copyright Protection:  

This real estate web site is created in the United States of America and protected by copyright laws.  Permission should be obtained prior to any reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording or likewise.

.