Gse - Law Dictionary Search Results
Home Dictionary Name: gsegse
gse abbreviation for government sponsored enterprises; a collection of financial services corporations formed by the United States Congress to reduce interest rates for farmers and homeowners. Examples include Fannie Mae and Freddie Mac. Source: U.S. Department of Housing and Urban Development ...
fannie mae
fannie mae Federal National Mortgage Association (FNMA); a federally-chartered enterprise owned by private stockholders that purchases residential mortgages and converts them into securities for sale to investors; by purchasing mortgages, Fannie Mae supplies funds that lenders may loan to potential homebuyers. Also known as a Government Sponsored Enterprise (GSE). Source: U.S. Department of Housing and Urban Development ...
freddie mac
freddie mac Federal Home Loan Mortgage Corporation (FHLM); a federally chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors; this provides lenders with funds for new homebuyers. Also known as a Government Sponsored Enterprise (GSE). Source: U.S. Department of Housing and Urban Development ...
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