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Mortgage Industry Terminology
Mortgage Industry Terminology
1
words in this vocabulary list
Fannie Mae
Fannie Mae
noun
Fannie Mae
Fannie Mae is a government-sponsored enterprise that provides liquidity to the mortgage market by purchasing mortgages from lenders.
Have you heard of Fannie Mae? It's a big player in the mortgage industry.
Fannie Mae is like the OG of mortgage companies, yo.
Investing in Fannie Mae is like having a safety net for your mortgage investments.