Government-Sponsored Enterprise

FANNIE MAE (Federal National Mortgage Association)
Fannie Mae (FNMA) is a government-sponsored enterprise (GSE) that backs and increases liquidity in the United States residential mortgage market by buying and guaranteeing mortgage loans.
Federal Home Loan Mortgage Corporation (FHLMC)
The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is a government-sponsored enterprise (GSE) that helps provide liquidity, stability, and affordability to the mortgage market in the United States.
FNMA Federal National Mortgage Association (Fannie Mae)
The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a government-sponsored enterprise (GSE) that buys and sells existing residential mortgages, facilitating liquidity within the mortgage market and enabling more Americans to achieve homeownership.
Freddie Mac (Federal Home Loan Mortgage Corporation)
Freddie Mac (Federal Home Loan Mortgage Corporation) is a government-sponsored enterprise (GSE) that buys and securitizes mortgages to ensure a reliable and affordable supply of mortgage funds across the country.
Government-Sponsored Enterprise (GSE)
A quasi-governmental organization that is privately owned but was created by the government and retains certain privileges not afforded to entirely private entities.

Real Estate Lexicon

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