FANNIE AND GINNIE Crossword Clue

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Crossword Puzzle Infos
Fannie and Ginnie are two government-sponsored enterprises (GSEs) that provide mortgage financing to homebuyers. Fannie Mae, or the Federal National Mortgage Association, was founded in 1938 and is the largest GSE. Ginnie Mae, or the Government National Mortgage Association, was founded in 1968 and is the only GSE that is fully backed by the U.S. government. MAES is the acronym for these two GSEs, which stands for Mortgage Association Enterprises.
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