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5 from 1 vote

Fannie Mae Caramels

You can make homemade Caramels just like Fannie Mae
Course Dessert
Cuisine American
Keyword Fannie Mae Caramels, Homemade Caramels
Prep Time 10 minutes
Cook Time 10 minutes
Total Time 20 minutes
Servings 96
Calories 133kcal
Author Stephanie Manley


  • 2 cups light corn syrup
  • 14 ounces sweetened condensed milk
  • 1 1/2 cups milk
  • 1 cup whipping cream
  • 1 cup butter
  • 4 cup sugar
  • 2 teaspoon vanilla
  • 2 cup chopped nuts if desired
  • Tempered dipping chocolate if preferred or wax paper cut into rectangles


  • Butter a 9X13 baking pan. In heavy 6 quart Dutch oven, combine sugar, corn syrup, condensed milk, milk, cream and butter. Place over medium heat and stir occasionally with wooden spoon until comes to boil. Clip on candy thermometer. 
  • Cook stirring constantly until reaches 240 degrees or soft ball stage. Remove from heat. Stir in vanilla and nuts. Pour without scraping into pan. Allow to stand overnight. Cut into 1-inch rectangles or squares. Wrap in wax paper or dip in chocolate.

Recipe Tips

I made these and could not get over the identical taste. This recipe makes about 110 pieces. A must have...must make recipe!! Fannie Mae is a Midwest northern household name. I am sure people will be pleased.


Calories: 133kcal | Carbohydrates: 19g | Protein: 1g | Fat: 6g | Saturated Fat: 3g | Cholesterol: 10mg | Sodium: 30mg | Potassium: 47mg | Fiber: 0g | Sugar: 18g | Vitamin A: 2.3% | Vitamin C: 0.2% | Calcium: 2.3% | Iron: 1.2%
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