FEDERAL HOME LOAN MORTGAGE CORPORATION. A federal corporation that provides savings and loan associations with a secondary mortgage money market for loans. It is also known as Freddy Mac. Back to the Top

Federal Home Loan Mortgage Corporation. Federal Housing Administration (FHA) Federal Housing Finance Board (FHFB)

A quasi-governmental corporation that was chartered by Congress to buy predominantly conventional mortgage loans and securitize them into FHLMC Participation Certificates (PCs). FHLMC is not an agency of the U.S. Government, but it does have access to borrowing rights within the Federal Reserve System. FHLMC's common stock is held by the 12 Federal Home Loan Banks and its preferred stock is held by the public. In the event of an underlying mortgage loan default, FHLMC guarantees uninterrupted payments of interest and eventual repayment (within one year) of principal to PC investors.

Federal Home Loan Mortgage Corporation. Federal Housing Administration (FHA) Federal National Mortgage Association (FNMA)

The Federal Home Loan Mortgage Corporation, also called Freddie Mac is owned by the public and was chartered Federal government in 1970. The President of United States appoints a portion of its Board of Directors. Freddie Mac is one of nation's largest mortgage investors. Freddie Mac purchases conforming loans in the secondary market and sells securitized interests in mortgages to the public.

Commonly known as Freddie Mac. A government-sponsored stockholder-owned corporation authorized to purchase government-backed and conventional loans

Is the Federal Home Loan Mortgage Corporation or Freddie Mac.

A federally sponsored private corporation which provides a secondary market for housing mortgages. (Back to Terms list)

Federal Home Loan Mortgage Corporation. also known as "Freddie Mac;" a quasigovernmental agency that purchases conventional mortgage from insured depository institutions and HUD-approved mortgage bankers.

Federal Home Loan Mortgage Corporation - An affiliate of the Federal Home Loan Bank that creates a secondary market in conventional residential loans and FHA and VA loans by purchasing mortgages from members of the Federal Reserve System and the Federal Home Loan Bank System.

FEDERAL HOME LOAN MORTGAGE CORPORATION. Created by Congress in Title III of the Emergency Home Finance Act of 1970 (12 USC 1451 et seq). This stockholder-owned corporation, a portion of whose board of directors is appointed by the President of the United States, supports the secondary market in mortgages on residential property with mortgage purchase and securitization programs. Also called Freddie Mac.

Federal Home Loan Mortgage Corporation. a government organization designed to create and maintain a secondary market for conventional home mortgages. The FHLMC buys and pools mortgages from federally insured financial institutions and sells them as mortgage-backed securities called "Freddie Macs."

Federal Home Loan Mortgage Corporation. Also known as Freddie Mac. A quasi-governmental agency that buys conventional mortgages from insured depository institutions and HUD-approve mortgage bankers.

Federal Home Loan Mortgage Corporation. A quasi-government agency that purchases conventional mortgages in the secondary mortgage market from insured depository institutions and HUD-approved mortgage bankers. It sells mortgage participation certificates (PCs) secured by pools of conventional mortgage loans. Popularly known as Freddie Mac.

Federal Home Loan Mortgage Corporation. Called Freddie Mac; a part of the secondary market that provides liquidity for the originators of mortgages.

Federal Home Loan Mortgage Corporation. Commonly known as 'Freddie Mac.' A major secondary market investor, government sponsored, but privately owned corporation, which is a major purchaser of mortgages.

The Federal Home Loan Mortgage Corporation provides a secondary market for savings and loans by purchasing their conventional loans. Also known as "Freddie Mac."

Federal Home Loan Mortgage Corporation - Agency that pools and resells residential mortgages

Federal Home Loan Mortgage Corporation. A quasi-governmental agency that purchases conventional mortgage from insured depository institutions and HUD-approved mortgage bankers. Also referred to as "Freddie Mac".

Federal Home Loan Mortgage Corporation. Freddie Mac” Stockholder-owned Corporation that supports the secondary market by purchasing blocks of mortgage loans.

See Freddie Mac. Fiduciary A person in a position of trust and confidence, for instance a principal and broker. A broker as a fiduciary owes certain loyalty that cannot be breached.

Federal Home Loan Mortgage Corporation. 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 Freddie Mac.

Federal Home Loan Mortgage Corporation. Also known as Freddie Mac, this is a corporation created by Congress to support the secondary mortgage market. It purchases and sells residential mortgages insured by FHA or guaranteed by VA as well as conventional mortgages.

Federal Home Loan Mortgage Corporation. A corporate instrumentality of the United States, created by an act of Congress on July 24, 1970 in order to increase the availability of mortgage credit for the financing of housing. FHLMC raises funds by issuing securities backed by pools of conventional mortgages, either Participation Certificates (PCs) or Guaranteed Mortgage Certificates (GMCs). Freddie Mac.

Federal Home Loan Mortgage Corporation. Commonly known as "Freddie Mac," a federally chartered corporation established in 1970 for the purpose of purchasing mortgages in the secondary market. Freddie Mac was created as a part of the savings association system and, while it is not so limited, its loan purchase policies are designed to accommodate savings association needs. It functions with an independent board of directors but is subject ot oversight by HUD. Freddie Mac Online

Federal Home Loan Mortgage Corporation. Also known as Freddie Mac, it is a federally-chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors. This provides lenders with funds for new homebuyers.

Federal Home Loan Mortgage Corporation. A federal agency known as Freddie Mac, which provides a secondary market for savings and loan associations and other institutions.

Federal Home Loan Mortgage Corporation. Purchases conventional mortgage loans in the secondary mortgage market.

Federal Home Loan Mortgage Corporation. A publicly chartered agency that buys qualifying residential mortgages from lenders, packages them into new securities backed by those pooled mortgages, provides certain guarantees, and then resells the securities on the open market. The corporation's stock is owned by savings institutions across the U.S. and is held in trust by the Federal Home Loan Bank System. The corporation, nicknamed Freddie Mac, has created a secondary market, which provides more funds for mortgage lending and allows investors to buy high-yielding securities backed by federal guarantees.

The Federal Home Loan Mortgage Corporation. FHLMC has authority to buy and sell conventional, FHA and VA loans

FEDERAL HOME LOAN MORTGAGE CORPORATION. A private corporation authorized by federal law to provide secondary mortgage market support for conventional real estate loans. It is popularly known as "Freddie Mac."

Federal Home Loan Mortgage Corporation. Second Mortgage

Federal Home Loan Mortgage Corporation. The Federal National Mortgage Association, which is a congressionally chartered, shareholder-owned company that is the largest national supplier of home mortgage funds. It is commonly known as Freddie Mac. The company buys mortgages from lending institutions, pools them with other loans, and sells shares to investors. Detailed information may be found at http://www.freddiemac.com.

Federal Home Loan Mortgage Corporation. Also known as Freddie Mac. A publicly owned corporation created by Congress to support the secondary mortgage market. It purchases and sells conventional residential mortgages as well as residential mortgages insured by the Federal Housing Administration (FHA) or guaranteed by the Veterans Administration (VA).

Federal Home Loan Mortgage Corporation. The FHLMC (or Freddie Mac) is one of the best known institutions in the secondary mortgage market. Freddie Mac buys mortgages from banks and other mortgage-lending institutions and, in turn, sells these mortgages to investors. These loan investments are considered safe because Freddie Mac buys mortgages only from companies that conform to its stringent mortgage regulations, and Freddie Mac guarantees the repayment of principal and interest on the mortgages that it sells.

Federal Home Loan Mortgage Corporation. A quasi-government agency that purchases conventional mortgage loans from HUD approved mortgage bankers. Popularly known as Freddie Mac, it was created to promote the development of conventional residential mortgages.

Federal Home Loan Mortgage Corporation. A quasi-governmental secondary market organization that offers various mortgage purchase and securitization programs. Its major program is the Freddie Mac Participation Certification (PC).

A private corporation dealing in the purchase of first or second mortgages, at discounts.

Federal Home Loan Mortgage Corporation. Also called Freddie Mac, is a quasi-governmental agency that purchases conventional mortgages from insured depository institutions and HUD-approved mortgage bankers.

FEDERAL HOME LOAN MORTGAGE CORPORATION. The federal agency which buys mortgage loans from savings and loans and banks.

Federal Home Loan Mortgage Corporation. A private corporation authorized by Congress, whose primary purpose is to establish a secondary market for conventional home loans. Its money is generated by the sale of participation certificates secured by pools of conventional mortgage loans.

Federal Home Loan Mortgage Corporation. A federal agency purchasing first mortgages, both conventional and federally insured, from members of the Federal Reserve System and the Federal Loan Bank System.

FEDERAL HOME LOAN MORTGAGE CORPORATION. Freddie Mae: Provides a secondary market for conventional residential mortgages. It issues a number of mortgage backed securities.

Federal Home Loan Mortgage Corporation. A private corporation authorized by Congress to provide secondary mortgage market support for conventional mortgages. Also know as Freddie Mac.

FEDERAL HOME LOAN MORTGAGE CORPORATION. The Federal Home Loan Mortgage Corporation provides a secondary market for mortgage financing by purchasing conventional loans. Also known as "Freddie Mac."

Federal Home Loan Mortgage Corporation. A publicly owned, government-sponsored enterprise that buys qualifying residential mortgages from lenders, packages them into new securities backed by those pooled mortgages, provides certain guarantees, and then resells the securities in the open market.

Federal Home Loan Mortgage Corporation. A private corporation created by Congress to support the secondary mortgage market. Also known as Freddie Mac.

Federal Home Loan mortgage Corporation. Is a quasi-governmental agency that purchases conventional mortgages from insured depository institutions and HUD-approved mortgage bankers. Also called Freddie Mac.

Federal Home Loan Mortgage Corporation. Called "Freddie Mac"; a part of the secondary market, particularly used to purchase loans from savings and loan lenders within the Federal Home Loan Bank Board.

The Federal Home Loan Mortgage Corporation, a corporation that buys conventional mortgages in the secondary mortgage market.

Federal Home Loan Mortgage Association or Freddie Mac

Federal Home Loan Mortgage Corporation. A private corporation authorized by Congress. It sells participation sales certificates secured by pools of conventional mortgage loans. Also known as Freddie Mac.

FEDERAL HOME LOAN MORTGAGE CORPORATION. In 1970 under the Emergency Home Finance Act, the Federal Home Loan Mortgage Corporation (FHLMC) or "Freddie Mac" was created as a wholly-owned subsidiary of the Federal Home Loan Bank System. Freddie Mac was established as a secondary mortgage market for savings and loan associations who are members of the FHLBS. The creation of FHLMC was of added importance since S & L's make such a high percentage of the total conventional residential mortgages and many these lenders would like to roll over their mortgages. While Fannie Mae deals heavily in FHA and VA mortgages, the majority of mortgages in Freddie Mac's portfolio are conventional. In recent years, this agency has referred to itself as The Mortgage Corporation.

See Federal Home Loan Mortgage Corporation.

Federal Home Loan Mortgage Corporation. See 'Freddie Mac'.

Federal Home Loan Mortgage Corporation. The Federal Home Loan Mortgage Corporation is commonly known as Freddie Mac. This corporation buys mortgages from lending institutions, pools them with other loans and sells shares to investors.

a private corporation created by Congress to support the secondary market. It sells participation certificates secured by pools of conventional mortgage loans. Popularly known as Freddie Mac

The Federal Home Loan Mortgage Corporation, or "Freddie Mac," is a government agency that performs a function similar to that of FNMA ("Fannie Mae"). FHLMC issues its own mortgage-backed securities, which are backed by the conventional mortgages it purchases. While FNMA emphasizes the purchase of mortgage loans, FHLMC also actively sells the loans from its portfolio, thus acting as a conduit for mortgage investments.

Federal Home Loan Mortgage Corporation. also called "Freddie Mac" A government sponsored entity that purchases conventional mortgage from insured depository institutions and HUD-approved mortgage bankers.

The Federal Home Loan Mortgage Corporation, or Freddie Mac. Similar to FNMA, Freddie Mac is also a purchaser or loans. Loans which conform to FNMA/FHLMC standards are referred to as Conforming Loans.

Federal Home Loan Mortgage Corporation. A corporation established to purchase primarily conventional mortgage loans in the secondary market. Also known as Freddie Mac.

(Federal Home Loan Mortgage Corporation, Freddie Mac). A private corporation authorized by Congress, which became an independent, stockholder-owned government corporation with the passage of FIRREA. FHLMC promotes the flow of funds into the housing markets by purchasing conventional mortgages in the secondary market and selling securities backed by those mortgages in the capital market.

See: Federal Home Loan Mortgage Corporatio.

Stands for Federal Home Loan Mortgage Corporation, another federal agency guaranteeing home mortgages. Freddie Mac.

Federal Home Loan Mortgage Corporation. Also known as "Freddie Mac" — a federal agency within the Department of Housing and Urban Development (HUD). This quasi-governmental agency purchases conventional mortgages from insured depository institutions as well as HUD-approved mortgage bankers.