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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