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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

FNMA

Definition:

The Federal National Mortgage Association, aka Fannie Mae. Jointly owned by the government and the public, with the goal of encouraging banks to offer more mortgages. Because we always need to measure more things. No? That's not the kind of gauge they're talking about?

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