Federal Home Loan Mortgage Corporation

Freddie Mac - 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.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/Rmhy1H4KJ9N7z3DswUYKzx
Label (rdfs): Freddie Mac
Preferred Label: Federal Home Loan Mortgage Corporation
Alternative Labels: FHLMC
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Definition and Examples

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.
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Class Relationships

Sub Class Of: Quasi-Public Governmental Body
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Additional Information

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Deprecated: False

Metadata

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