FANNIE MAE


Meaning of FANNIE MAE in English

Fan ‧ nie Mae /ˌfæni ˈmeɪ/ BrE AmE

a US financial institution which buys and sells ↑ loan s and ↑ mortgage s to banks and other institutions, but does not deal directly with ordinary borrowers. Its full name is the Federal National Mortgage Association (FNMA).

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.