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Federal National Mortgage Association (FNMA, Fannie Mae)

  • Writer: Zambrano Law Customer Service
    Zambrano Law Customer Service
  • Oct 23, 2015
  • 1 min read

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Federal National Mortgage Association (FNMA, Fannie Mae): A tax paying corporation created by Congress to support the secondary mortgage market. It purchases and sells residential mortgages insured by FHA or guaranteed by VA as well as conventional home mortgages.

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