Words similar to fannie
Example sentences for: fannie
How can you use “fannie” in a sentence? Here are some example sentences to help you improve your vocabulary:
Most important, Fannie Mae's securities come with an implicit guarantee that they are backed by the federal government.
The government, if it wanted to, could sell its backing to private borrowers like Fannie Mae.
Chatterbox already knew Fannie Mae was one of the last great Washington rackets--a place where ordinary, competent, well-connected politicos and lawyers get to earn astronomical, Gordon Gekko-like sums (Johnson made an estimated $7.2 million in 1996) while working to preserve the government favors that help this ostensibly private, for-profit enterprise earn $3 billion or so a year.
Franklin Raines made well over $2 million in his last year as Fannie Mae's vice president before he joined the Clinton administration last year as director of the Office of Management and Budget.
Johnson is the former Mondale aide who runs Fannie Mae, the "government sponsored enterprise" that buys mortgages, packages them into large blocks and resells them as "mortgage-backed securities."
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