Fannie Mae

Pronunciation: /ˈfæni meɪ/

Definitions of Fannie Mae

noun Fannie Mae

Example Sentences

A1 Fannie Mae is a government-sponsored enterprise.

A2 Many people rely on Fannie Mae to help them finance their homes.

B1 Fannie Mae plays a key role in the secondary mortgage market.

B2 Investors often purchase securities backed by Fannie Mae.

C1 Fannie Mae was established in 1938 during the Great Depression.

C2 The financial crisis of 2008 led to significant changes in the operations of Fannie Mae.

Examples of Fannie Mae in a Sentence

formal Fannie Mae is a government-sponsored enterprise that provides liquidity to the mortgage market by purchasing mortgages from lenders.

informal Have you heard of Fannie Mae? It's a big player in the mortgage industry.

slang Fannie Mae is like the OG of mortgage companies, yo.

figurative Investing in Fannie Mae is like having a safety net for your mortgage investments.

Grammatical Forms of Fannie Mae

• past tense: Fannie Mae'd
• plural: Fannie Maes
• comparative: more Fannie Mae
• superlative: most Fannie Mae
• present tense: Fannie Mae
• future tense: will Fannie Mae
• perfect tense: have Fannie Mae'd
• continuous tense: is Fannie Maeing
• singular: Fannie Mae
• positive degree: Fannie Mae
• infinitive: to Fannie Mae
• gerund: Fannie Maeing
• participle: Fannie Mae'd

Origin and Evolution of Fannie Mae

First Known Use: 1938 year

Language of Origin: English

Story behind the word: The word 'Fannie Mae' is a colloquial term derived from the initials of the organization's full name.

Evolution of the word: Originally used as a nickname for the Federal National Mortgage Association (FNMA), 'Fannie Mae' has become synonymous with the organization itself and the mortgage industry as a whole.