Business / Real Estate / Federal National Mortgage Association (FNMA): Popularly known as Fannie Mae, an active participant in the secondary mortgage market. Fannie Mae was established as a federal agency in 1938 for the purpose of purchasing FHA loans from loan originators to provide some liquidity for government-insured loans in a depression-wracked economy when few lending institutions would undertake this type of loan.
Association Noun Synonyms: society, organization, confederation, confederacy, federation, league, union, alliance, guild, coalition, group, syndicate, combine, consortium, cooperative
National Adjective Synonyms: nationwide, country-wide, state, governmental, civil, public, popular, federal
National Noun Synonyms: nationalistic, nationalist, patriotic, jingoistic, chauvinistic
Business / Real Estate / Government National Mortgage Association (GNMA): A federal agency created in 1968 when the Federal National Mortgage association (FNMA) was partitioned into two separate corporations. Ginnie Mae, as it is popularly called, is a corporation without c MORE
Science / Weather / National Climatic Data Center (NCDC): The agency that archives climatic data from the National Oceanic and Atmospheric Administration as well as other climatological organizations. MORE