...Association ORIGIN AND PURPOSE The Federal National Mortgage Association (FNMA) administers the Government's secondary market facility for home mortgages through the purchase and sale of certain types of FHA-insured and VA-guaranteed mortgages covering residential housing. The Association...

...ASSOCIATION "PURPOSES "Sr.c. 301. The Congress hereby declares that the purposes of this title are to establish in the Federal Government a secondary market facility for home mortgages, to provide that the operations of such facility shall be financed by private capital to the maximum...

...MORTGAGE ASSOCIATION "PUBPOSES "SEC. 301. The Congress hereby declares that the purposes of this title are to establish in the Federal Government a secondary market facility for home mortgages, to provide that the operations of such facility shall be financed by private capital to the maximum...

...MORTGAGE ASSOCIATION "PURPOSES "SEC. 301. The Congress hereby declares that the purposes of this title are to establish in the Federal Government a secondary market facility for home mortgages, to provide that the operations of such facility shall be financed by private capital to the maximum...

...contains the following directive: "The Congress hereby declares that the purposes of this title are to establish in the Federal Government a secondary market facility for home mortgages, to provide that the operations of such facility shall be financed by private capital to the maximum...

...contains the following directive : "The Congress hereby declares that the purposes of this title are to establish in the Federal Government a secondary market facility for home mortgages, to provide that the operations of such facility shall be financed by private capital to the maximum...

...E. Federal National Mortgage Association, 48 Stat. 1%52 (1934), «* amended, 12 USC, sections 1T16 to 1723 (1958) 1. Purpose. — To establish in the...contributions, the Secretary of the Treasury is authorized to purchase obligations of the Association so long as the Government owns preferred stock. , 3. Ultimate...

...1207), and rechartered on August 2, 1954 (ch. 649, title II, sec. 201, 68 Stat. 612, 12 USC sec. 1716), to establish in the Federal Government a secondary market facility for home mortgages. It is authorized to make commitments to purchase and to purchase home mortgages which are insured under...

...ORIGIN AND PURPOSE. — The Federal National Mortgage Association (FNMA) administers the Government's secondary market facility for home mortgages through the purchase and sale of FHA-insured and VA-guaranteed mortgages covering residential housing. The Association was established on February...

...MORTGAGE ASSOCIATION PURPOSES SEC. 301. The Congress hereby declares that the purposes of this title are to establish in the Federal Government a secondary market facility for home mortgages, to provide that the operations of such facility shall be financed by private capital to the maximum...