This is the informal company name for the Federal Home Loan Mortgage Corporation or FHLMC. It is a (GSE) United States government sponsored enterprise that acquires mortgages, merges them with other forms of loans, and sells the debt to investors that are found on the secondary mortgage market. In collaboration with Fannie Mae, Freddie Mac increases the cash flow available for guaranteeing mortgages for low- and middle-income homeowners and mortgages.
Freddie Mac (FHLMC)
This is the informal company name for the Federal Home Loan Mortgage Corporation or FHLMC. It is a (GSE) United States government sponsored enterprise that acquires mortgages, merges them with other forms of loans, and sells the debt to investors that are found on the secondary mortgage market. In collaboration with Fannie Mae, Freddie Mac increases the cash flow available for guaranteeing mortgages for low- and middle-income homeowners and mortgages.
