Home
E-Mail
Latest

Federal National Mortgage Association at Real Estate Glossary

What is it? Now officially dubbed Fannie Mae, this federally chartered agency buys mortgages from lending institutions, pools them with other loans and sells shares to investors.

Real Estate Definition Added By: Connor

The Federal National Mortgage Association definition has been viewed 182 Time(s)!




Send To Friends!

If you'd like to send the Federal National Mortgage Association definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Federal National Mortgage Association. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Prior Appropriation is A concept of water ownership in which the landowners right to use available water is based on a government administered permit system.

Real Estate Term Homestead is A statutory exemption of real property used as a home from the claims of certain creditors and judgments up to a specified amount; requires a declaration of homestead be completed and filed with the county recorders office.

Real Estate Term California Environmental Quality Act is The Act allows local governments to require environmental impact reports for private or government projects that may have a significant impact on the environment.

Real Estate Term Fee simple defeasible is The owner of the property holds a fee simple title contingent upon certain conditions.

Real Estate Term Section 202 is Government program that provides capital for the construction, rehabilitation or acquisition of nonprofit housing for low income elderly. (See section 8)