Results for tag: "Federal National Mortgage Association"

The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a government-sponsored enterprise (GSE) that provides liquidity to the mortgage market by purchasing mortgages from lenders and securitizing them into mortgage-backed securities (MBS). FNMA is the largest issuer of MBS in the United States and is a major source of funding for the mortgage market. FNMA also provides credit enhancement to MBS, which helps to reduce the risk of default and makes them more attractive to investors. FNMA also provides liquidity to the mortgage market by purchasing mortgages from lenders and securitizing them into MBS. FNMA is regulated by the Federal Housing Finance Agency (FHFA) and is a major player in the mortgage market. FNMA is a major source of funding for the mortgage market and helps to ensure that lenders have access to capital to make loans. Some companies in the FNMA market include Bank of America, Wells Fargo, JPMorgan Chase, Citigroup, and U.S. Bank. Show Less Read more