Investments glossary

Freddie Mac – Federal Home Loan Mortgage Corp – FHLMC – Definition

Federal Home Loan Mortgage Corp (FHLMC) is a stockholder-owned, government-sponsored enterprise (GSE) chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing for middle-income Americans. The FHLMC, familiarly known as Freddie Mac, purchases, guarantees, and securitizes mortgages to form mortgage-backed securities.

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