{"iri":"https://folio.openlegalstandard.org/Rmhy1H4KJ9N7z3DswUYKzx","label":"Freddie Mac","sub_class_of":["https://folio.openlegalstandard.org/RwiYr04MwuGhJnwApa5Oua"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Federal Home Loan Mortgage Corporation","alternative_labels":["FHLMC"],"translations":{},"hidden_label":null,"definition":"Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation (FHLMC), is a government-sponsored enterprise (GSE) in the United States that buys mortgages from lenders and securitizes them into mortgage-backed securities. Established to increase the availability of mortgage funds, Freddie Mac plays a crucial role in the secondary mortgage market by providing liquidity, stability, and affordability.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}