freddie mac Synonyms
No Synonyms and anytonyms found
freddie mac Meaning
freddie mac (n)
a corporation authorized by Congress to provide a secondary market for residential mortgages
freddie mac Sentence Examples
- Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation, is a government-sponsored enterprise in the United States.
- Freddie Mac was established in 1970 to provide stability, liquidity, and affordability to the mortgage market.
- Freddie Mac plays a crucial role in the housing finance system by purchasing mortgages from lenders and packaging them into mortgage-backed securities.
- Freddie Mac's activities help to promote homeownership by making mortgage capital more accessible to lenders.
- Freddie Mac operates under a congressional charter to support the secondary mortgage market.
- Freddie Mac's operations are overseen by the Federal Housing Finance Agency (FHFA) to ensure compliance with regulatory standards.
- Freddie Mac's financial health and performance have a significant impact on the overall stability of the housing market.
- Freddie Mac is one of the largest purchasers and guarantors of residential mortgages in the United States.
- Freddie Mac's activities are designed to enhance market liquidity and facilitate the flow of capital to borrowers.
- Freddie Mac's role in the mortgage industry underwent significant scrutiny during the 2008 financial crisis.
FAQs About the word freddie mac
a corporation authorized by Congress to provide a secondary market for residential mortgages
No synonyms found.
No antonyms found.
Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation, is a government-sponsored enterprise in the United States.
Freddie Mac was established in 1970 to provide stability, liquidity, and affordability to the mortgage market.
Freddie Mac plays a crucial role in the housing finance system by purchasing mortgages from lenders and packaging them into mortgage-backed securities.
Freddie Mac's activities help to promote homeownership by making mortgage capital more accessible to lenders.
