Mortgage Terms: A privately owned and managed corporation chartered by the U.S. government that provides a secondary mortgage market for the purchase and sale of mortgages guaranteed by the Veterans Administration and those insured
under the Federal Housing Administration.

Question

A privately owned and managed corporation chartered by the U.S. government that provides a secondary mortgage market for the purchase and sale of mortgages guaranteed by the Veterans Administration and those insured 
under the Federal Housing Administration.

Memorable Ladybug · Accepted Answer

Federal National Mortgage Association (Fannie Mae/FNMA)

Mortgage Terms

A privately owned and managed corporation chartered by the U.S. government that provides a secondary mortgage market for the purchase and sale of mortgages guaranteed by the Veterans Administration and those insured under the Federal Housing Administration.

Federal National Mortgage Association (Fannie Mae/FNMA)

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