Fannie MaeFederal National Mortgage Association Financial Glossary

What is it? The nations largest source of home financing. It is a government charted organization that ensures financing is equally available in all areas of the country.

Finance Term Definition Added By: Gabrielle

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Financial Term Debit is A dollar amount that appears on the left-hand side of an account ledger. Use debit to record an increase in an asset or a decrease in a liability or in owners equity.

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