What is the full name of Fannie Mae?

The full name of Fannie Mae is the Federal National Mortgage Association. This organization plays a critical role in the U.S. housing finance system by providing liquidity, stability, and affordability to the mortgage market. Established in 1938, its primary function is to buy mortgage loans from lenders to ensure that funds are available for more lending. This process helps enhance access to housing by making it easier for consumers to obtain home loans.

The other choices do not accurately represent the designation of Fannie Mae. While "Federal Mortgage Association" and "Federal Housing Association" might seem to relate to housing and finance, they do not refer to Fannie Mae specifically. Similarly, "Federal Bank Lending Association" is not a recognized name associated with the organization. Thus, the correct option reflects the official name that is widely recognized in the industry and essential for understanding the role of this key player in mortgage finance.