Federal Home Loan Mortgage Corporation - FHLMC (FREDDIE MAC) is a quasi-governmental agency that purchases conventional mortgages in the secondary mortgage market from insured depository institutions and HUD-approved mortgage bankers. It sells participation sales certificates secured by pools of conventional mortgage loans, their principal, and interest guaranteed by the federal government through the FHLMC. It also sells Government National Mortgage Association bonds to raise funds to finance the purchase of mortgages. Popularly know as Freddie Mac.
Anonymous McAnonymous
| APA | Anonymous McAnonymous. (2010). federal home loan mortgage corporation. Retrieved October 2, 2026, from http://smartdefine.org/federal_home_loan_mortgage_corporation/definitions/1153737 |
| Chicago | Anonymous McAnonymous. 2010. "federal home loan mortgage corporation" http://smartdefine.org/federal_home_loan_mortgage_corporation/definitions/1153737 (accessed October 2, 2026). |
| Harvard | Anonymous McAnonymous 2010, federal home loan mortgage corporation, Smart Define, viewed 2 October, 2026, <http://smartdefine.org/federal_home_loan_mortgage_corporation/definitions/1153737>. |
| MLA | Anonymous McAnonymous. "federal home loan mortgage corporation" 21 October 2010. Web. 2 October 2026. <http://smartdefine.org/federal_home_loan_mortgage_corporation/definitions/1153737> |