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Fannie

Fannie is a feminine given name, commonly a diminutive of Frances or Fanny. It has appeared as a standalone name in English-speaking countries since the 19th century and has been used across various regions and periods. Variants include Fanny, and longer forms such as Frances that are sometimes shortened to Fannie.

In a financial and institutional context, Fannie Mae refers to the Federal National Mortgage Association (FNMA).

Notable people named Fannie include Fannie Lou Hamer (1927–1977), an American civil rights activist; Fannie Flagg

Created
in
1938
during
the
New
Deal,
it
was
established
to
expand
mortgage
credit
by
purchasing
mortgages
from
lenders,
guaranteeing
them,
and
pooling
them
into
mortgage-backed
securities
sold
to
investors.
In
1968,
it
was
converted
from
a
government
agency
into
a
stockholder-owned
corporation.
During
the
2008
financial
crisis,
Fannie
Mae,
together
with
Freddie
Mac,
was
placed
into
conservatorship
under
the
Federal
Housing
Finance
Agency,
with
the
U.S.
Treasury
providing
capital
support.
Since
then,
it
has
operated
under
conservatorship
and
remains
under
FHFA
oversight
as
of
the
2020s.
(born
1944),
an
American
author
and
actress;
and
Fannie
Ward
(1870–1957),
an
American
stage
and
silent
film
actress.