Social Sciences and the Law

When was the Federal National Mortgage Association (FMNA) founded?

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The corporation was founded (1938) by the federal government to buy and sell mortgages insured by the Federal Housing Administration or guaranteed by the Veterans Administration (now the Veterans Affairs Dept.). Rechartered in 1954, it was privatized in 1968.

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Get more facts and information about Federal National Mortgage Association from The Columbia Encyclopedia, Sixth Edition at Encyclopedia.com.

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