Freddie Mac - Definition - Law Dictionary Home Dictionary Definition freddie-mac
Definition :
freddie mac
Federal Home Loan Mortgage Corporation (FHLM); a federally chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors; this provides lenders with funds for new homebuyers. Also known as a Government Sponsored Enterprise (GSE).
Source: U.S. Department of Housing and Urban Development
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