# Freddie Mac

**IRI:** https://folio.openlegalstandard.org/Rmhy1H4KJ9N7z3DswUYKzx

## Labels

**Preferred Label:** Federal Home Loan Mortgage Corporation

**Alternative Labels:**

- FHLMC

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RwiYr04MwuGhJnwApa5Oua

**Deprecated:** False