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  Fannie Mae (FNMA) Definition
Fannie Mae (FNMA) When you purchase a home, chances are that you’re mortgage is being funded by Fannie Mae, the largest non-bank financial services company in the world. Fannie Mae (FNMA) is the Federal National Mortgage Corporation. They are a shareholder-owned company that purchases conventional mortgages and mortgages insured by the federal government so that lenders are able to free up funds to finance additional loans.
   
   
   


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