| 释义 |
Fannie Mae, n. U.S. slang.|ˈfænɪ meɪ|
[Acronym elaborated f. the initial letters of Federal National Mortgage Association, after the female personal names Fannie and Mae.]
The nickname given to the Federal National Mortgage Association established by the U.S. government in 1938 (and since 1970 a private corporation) which buys and sells mortgages to create a revolving fund for home loans.
1948Archit. Rec. Sept. 14/2 Federal National Mortgage Association, FNMA (or Fannie Mae as the trade calls it). 1972Real Estate Rev. Winter 77/1 Fannie Mae, with the help of Ginnie Mae, has had to supply a major proportion of long-term financing for FHA-insured properties and particularly FHA-subsidized housing. 1986Economist 14 June 79/3 France set up its own version of Fannie Mae in 1985, to issue up to $250m of bonds a month to back housing loans. |