The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac , is a public government-sponsored enterprise (GSE), headquartered in the Tysons, Virginia. The FHLMC was created in 1970 to expand the secondary market for mortgages in the US. Along with the Federal National Mortgage Association ...
A private corporation founded by Congress, the Federal Home Loan Mortgage corporation's mission is to promote stability and affordability in the housing market by purchasing mortgages from banks and other loan makers. The corporation is currently under conservatorship, under the direction of the Federal Housing ...
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The Federal Home Loan Mortgage Corporation (FHLMC or "Freddie Mac") is a government-sponsored entity that buys certain types of mortgages from banks and uses them to collateralize mortgage-backed securities. Freddie Mac also supplies a variety of periodic housing and mortgage data to the public.
Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates in three segments: Single-Family Guarantee, Multifamily, ...
Federal Home Loan Mortgage Corporation company profile from Hoover's – get an in-depth analysis of Federal Home Loan Mortgage Corporation business, financials, industry focus, competitors and more.
Definition of Federal Home Loan Mortgage Corporation (Freddie Mac): US government sponsored public corporation (established in 1970) that buys and pools qualified residential mortgage loans from their originating financial institutions. It then issues securities ...
A stockholder-owned, government-sponsored enterprise (GSE) chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing for middle income Americans. The FHLMC purchases, guarantees and securitizes mortgages to form mortgage-backed securities.
Federal Home Loan Mortgage Corporation (FHLMC). A publicly-traded company chartered by the U.S. Congress to guarantee mortgages granted to low- or middle-income households. In order to do this, it buys mortgages and repackages them, selling them as mortgage-backed securities. It also maintains its own portfolio ...