Structure
Normally possession is expressed with the particle 的. However, in some cases you can omit 的. This happens when the possession is about:
1. A close personal relationship (family and close friends)
2. An institutional or organizational relationship
In these cases 的 should be omitted (that is, it doesn't sound as natural if you put it in).
Examples
我 妈妈= My mom
If 的 was used in the above examples, it would create a sense of distance between the two, and possibly even imply that the relationship is not particularly close.