Managing money & finance Book

I am so totally illiterate about personal finance. Huge revelation: "National standards for mortgage loans are set by Fannie Mae (or FNMA), the Federal National Mortgage Association. Together with Freddie Mac, the Federal Home Loan Mortgage Corporation, they buy mortgages from banks for resale in the secondary market. As a result, the banks conform strictly to their guidelines." I had no clue those were acronyms, but it makes a lot more sense why we were all paying so much attention to them.