What Does FNMA Stand For?

FNMA stands for Federal National Mortgage Association

FNMA, or the Federal National Mortgage Association, is a government-sponsored enterprise in the United States that aims to expand the secondary mortgage market. By purchasing and securitizing mortgages, FNMA helps to provide liquidity, stability, and affordability to the housing finance system. Its activities support homeownership and rental housing by ensuring that mortgage funds are available for lenders, ultimately promoting access to housing finance for consumers.