Freddie mac phone number for lenders5/25/2023 ![]() ![]() Ginnie from “GN” and Mae from “MA.”Īs for Freddie Mac, that one is a little trickier. Ginnie Mae, or Government National Mortgage Association, came from its acronym GNMA. Fannie for the letters “FN” and Mae for “MA.” It’s all too often that we hear or refer to Fannie, Ginnie, and Freddie on a first-name basis without ever realizing the actual origin of the names, which were all derived from acronyms.įannie Mae, or the Federal National Mortgage Association, came from the acronym FNMA. You may be wondering: “What’s with these names?” And trust me, you’re not alone. By backing and securing home mortgage loans, they help make homeownership more accessible. ![]() These private companies are often referred to as “secondary market lenders” that back loans and set regulations and guidelines. In short, Fannie Mae, Ginnie Mae, and Freddie Mac are all government-sponsored mortgage companies. These names may sound like someone’s southern grandparents, but to homebuyers they are much more.
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