BNET Business Dictionary
Business Definition for: Federal National Mortgage Association
- see FNMA
Additional Resources
- Privatize Fannie Mae and Freddie Mac: the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation make mortgage markets inefficient, choke off competition, and help only the affluent
- The Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation make mortgage markets inefficient, choke off competition, and help only the affluent. Freddie Mac the Federal Home Loan Mortgage Corporation and Fannie Mae the Federal National Mortgage Association are two of the largest financial institutions in...
- Research articles 1998-07-01
- Fannie Mae says mortgage insurers like its plan. (Federal National Mortgage Association)
- Federal National Mortgage Association Fannie Mae VP of corporate relations David Jeffers says that mortgage life insurers are reacting favorably to Fannie Mae's pilot project to develop a new mortgage protection plan. The plan has raised concerns in ConFederal National Mortgage Association Fannie Mae VP of corporate relations David Jeffers...
- Research articles 1997-05-26
- Fannie Mae and city designing urban loan pool. (planned formation of Central Cities Initiative mortgage pool by Federal National Mortgage Association and Cleveland, Ohio)
- The city of Cleveland and the Federal National Mortgage Association are working to develop a national market for non-conventional home mortgages in order to boost home lending in the inner city. The market would provide banks and other lenders with a pThe city of Cleveland and the...
- Research articles 1993-04-12
- Regulating Housing GSEs: thoughts on institutional structure and authorities.(Government Sponsored Enterprises)(Federal National Mortgage Association)(Federal Home Loan Mortgage Corporation)(Federal Home Loan Bank System)(Office of Federal Housing Enterpr
- Three government sponsored enterprises GSEs play a significant role in the U.S. housing markets: the Federal National Mortgage Association Fannie Mae, the Federal Home Loan Mortgage Corporation Freddie Mac, and the Federal Home Loan Bank System FHLB System. Congress created each of these entities, and their...
- Research articles 2004-04-01
- Fannie Mae testing home improvement program. (Federal National Mortgage Association)
- The Federal National Mortgage Association Fannie Mae is pilot testing a new kind of home improvement loan based on the anticipated value of the house after completion of the improvement. This will benefit low- and middle-income people who do not have suThe Federal National Mortgage Association Fannie Mae is pilot...
- Research articles 1993-06-01
- -THE WHITE HOUSE: Pres names Jack Quinn to BOD of the Federal National Mortgage Association (Fannie Mae).
- M2 PRESSWIRE-1 October 1998-THE WHITE HOUSE: Office of the Press Secretary -- President Clinton names Jack Quinn to the Board of Directors of the Federal National Mortgage Association Fannie Mae C1994-98 M2 COMMUNICATIONS LTD RDATE:250998 The President today announced his intent...
- Research articles 1998-10-01
- Unexploded bombs.(Federal National Mortgage Association)(Federal Home Loan Mortgage Corporation)(Brief Article)(Statistical Data Included)
- Beware of Fannie and Freddie BANKS may be busy trying to get rid of risk, but two huge American institutions cannot get enough of it. The Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, known affectionately as Fannie Mae and...
- Research articles 2002-05-18
- Fannie and Freddie Make a Crowd.(Federal Home Loan Mortgage Corp., Federal National Mortgage Association)
- If nothing else, the recent bear market was a useful reminder of the value of diversification. But investors who have well-diversified stock portfolios may be surprised to learn that their taxable bond funds may be heavily invested in debt issued by just two companies: the Federal...
- Research articles 2004-08-01
- Global DiSCS Trust 2004-1 (TSX: DST.UN) Announces Federal National Mortgage Association (Fannie Mae) And Federal Home Loan Mortgage Corporation (Freddie Mac) Credit Events Settlement
- Global DiSCS Trust 2004-1 (the "Trust") (TSX: DST.UN) announces that the final recovery amount of Federal National Mortgage Association ("Fannie Mae") is 87.66667% and the final recovery amount of Federal Home Loan Mortgage Corporation ("Freddie Mac") is 98.83667%. The Bankruptcy Credit Event will not result in any reduction in collateral...
- Research articles 2008-12-16
- Private mortgage lenders earn praise.(Finance)
- Byline: JAY MILLER A study of the Cleveland market has applauded the private sector for boosting the amount of mortgage money available in the inner city, but has aggravated the Federal National Mortgage Association and Federal Home Mortgage Corp. Byline: JAY MILLER ...
- Research articles 2003-03-17
- Gearing up for another fight. (National Association of Home Builders will fight Congress' desire to cut or eliminate housing subsidies)
- The National Association of Home Builders NAHB is gearing up to fight Congressional budget cuts or elimination of federal housing subsidies. Congress and the Treasury Dept want amended capital requirements for the Federal National Mortgage Association aThe National Association of Home Builders NAHB is gearing up to fight Congressional budget...
- Research articles 1992-06-01
- Reverse Mortgage Credit Lines: Fannie Mae vs. FHA.
- Many homeowners have been waiting for the Federal National Mortgage Association's (Fannie Mae's) Home Keeper Reverse Mortgage because it's expected to offer more-generous terms than the Federal Housing Administration FHA to borrowers who own expens Many homeowners have been waiting for the Federal National Mortgage ...
- Research articles 1996-05-01
- U.S. Bank Selected as Document Custodian for Irwin Mortgage Corporation
- Business Editors MINNEAPOLIS--BUSINESS WIRE--Jan. 22, 2003 Irwin Mortgage Corporation has selected U.S. Bank as document custodian for its mortgage files. In its role as custodian for approximately 115,000 files, U.S. Bank will be responsible for file certification, storage and compliance with the Government National Mortgage Association Ginne Mae,...
- Research articles 2003-01-22
- Energy-efficiency savings makes affordable homes more attractive to prospective buyers. (National Association of Home Builders supports energy efficiency mortgages)(includes related articles on the Federal National Mortgage Association's energy efficiency
- The National Association of Home Builders NAHB promotes the development of mortgage programs to encourage energy efficient home building, reduced utility rates and increase home affordability. Existing programs differ widely from state to state, and areThe National Association of Home Builders NAHB promotes the development of mortgage programs to encourage...
- Research articles 1992-03-02
- Mortgage backed securities: liquidation of the mortgage book
- I. MORE THAN ONE EUROPEAN PATH TO THE SECONDARY MORTGAGE MARKET A. MBS in the U.S. In the U.S. mortgage backed securities created by securitizing mortgages are the core of the secondary mortgage market. Securitization integrates the bank market with the securities markets. Originators sell mortgages to the...
- Research articles 2001-03-22
- There won't be many winners in the subprime mortgage meltdown.(HOUSING)(Federal National Mortgage Association and Federal Home Loan Mortgage Corp.)(Brief article)
- There won't be many winners in the subprime mortgage meltdown. But two do come to mind: Fannie Mae and Freddie Mac, the mortgage giants backed by the government. Accounting scandals at both a few years ago led Congress to think about reining them in. Not...
- Research articles 2007-06-22
- Congress, Fannie Mae and Freddie Mac.(ECONOMY)(Federal Home Loan Mortgage Corp.)(Federal National Mortgage Association)(Brief Article)
- Congress won?t tighten up too much on Fannie Mae and Freddie Mac. Critics want the giant government-sponsored home mortgage enterprises to be reined in more tightly following news of accounting discrepancies. The two companies each buy and hold billi Congress won?t tighten up too much on...
- Research articles 2005-03-18
- Sanwa Bank California Reminds Consumers That Conforming Mortgage Loan Limits Will Increase to $240,000 On Jan. 1
- LOS ANGELES--BUSINESS WIRE--Dec. 21, 1998--Reflecting the rising prices of homes throughout the nation, conforming mortgage loan limits will be increased to $240,000 effective Jan. 1, 1999, Sanwa Bank California real estate lending officials reminded consumers Monday. Conforming loans are mortgages that, once approved and funded by banks, may then...
- Research articles 1998-12-21
- Fannie Mae lightens the co-op load - Federal National Mortgage Association president Larry Small reduces restrictions for loans on New York, New York apartment cooperatives
- After considerable persuasion by Queens Borough President Claire Shulman and Rep. Charles Schumer, the Federal agency that is America's largest source of home mortgage funds has begun a pilot project relaxing criteria for city buildings and is committing $500 million to new loans.
- Research articles 1993-11-03
- Fannie Mae raises loan limit to $359,650.(Real Estate Outlook)(Federal National Mortgage Association)(Brief Article)
- Fannie Mae, the nation's largest source of financing for home mortgages, said it will apply new conforming loan limits to increase its single-family mortgage loan limit to $359,650 for 2005. As a result of the new loan limit, Fannie Mae estimates t Fannie Mae,...
- Research articles 2005-01-17
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