Commonly known as "Freddie Mac" a federally chartered corporation established in 1970 for the purpose of purchasing mortgages in the secondary market. Freddie Mac was created as a part of the savings association system and, while it is not so limited, its loan purchase policies are designed to accommodate savings association needs. It functions with an independent board of directors but is subject to oversight by HUD.
Pait
| APA | Pait. (2010). federal home loan mortgage corporation. Retrieved October 2, 2026, from http://smartdefine.org/federal_home_loan_mortgage_corporation/definitions/1153734 |
| Chicago | Pait. 2010. "federal home loan mortgage corporation" http://smartdefine.org/federal_home_loan_mortgage_corporation/definitions/1153734 (accessed October 2, 2026). |
| Harvard | Pait 2010, federal home loan mortgage corporation, Smart Define, viewed 2 October, 2026, <http://smartdefine.org/federal_home_loan_mortgage_corporation/definitions/1153734>. |
| MLA | Pait. "federal home loan mortgage corporation" 21 October 2010. Web. 2 October 2026. <http://smartdefine.org/federal_home_loan_mortgage_corporation/definitions/1153734> |