The story
Modeled after Fannie Mae.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: The Federal Home Loan Mortgage Corporation (FHLMC), a private, stockholder-owned corporation sponsored by the US government, established in 1968 to provide market competition for the Federal National Mortgage Association (FNMA). Full definition →
Modeled after Fannie Mae.
Etymology from Wiktionary, CC BY-SA 4.0.