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federal national mortgage association

Federal National Mortgage Association. A privately owned and managed corporation chartered by the U.S. government that provides a secondary mortgage market for the purchase and sale of mortgages guaranteed by the Veterans Administration and those insured under the Federal Housing Administration. — Abbr. FNMA. — Also termed Fannie Mae. [Cases: United States 53(9).]

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federal mediation and conciliation service

Federal Mediation and Conciliation Service. An independent federal agency that tries to prevent the interruption of commerce resulting from labor–management disputes by helping the parties settle the disputes through mediation and conciliation. • The Service can intervene on its own authority or at the request of a party to the dispute. It also helps employers

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