Freddie Mac


Also found in: Thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia.
Related to Freddie Mac: Fannie Mae

Freddie Mac

a mortgage funder
Abused, Confused, & Misused Words by Mary Embree Copyright © 2007, 2013 by Mary Embree

Fred·die Mac

 (frĕd′ē)
n.
One of two federally chartered corporations that buy and pool US mortgages and issue securities based on those pools.
[Alteration of Fed(eral Home Loan) M(ortgage) C(ompany).]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Fred•die Mac

(ˈfrɛd i ˈmæk)

n.
1. a congressionally chartered corporation that ensures a continuous supply of mortgage funds by purchasing home mortgages from lending institutions.
2. a publicly traded security that represents participation in a pool of mortgages guaranteed by Freddie Mac.
[1970–75; from the initials FHLMC Federal Home Loan Mortgage Corporation, on the model of Fannie Mae]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.Freddie Mac - a corporation authorized by Congress to provide a secondary market for residential mortgages
Federal Home Loan Mortgage Corporation, FHLMC
corp, corporation - a business firm whose articles of incorporation have been approved in some state
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Mentioned in ?
References in periodicals archive ?
Through Certificates and three classes of the Freddie Mac Structured Pass-Through Certificates 2014-K-040.
Fitch Ratings affirms six classes of FREMF 2014-K40
The refinanced properties, which all contain between six and 35 units, all received five-year fixed rate Freddie Mac Small Balance Loans which include an additional 15years floating and one-year of interest-only at 80 percent LTV.
Brooklyn investor on good terms with Freddie Mac small balance lender
According to a new Multifamily Pricing and Volume Outlook for 2017 prepared by the Freddie Mac Multifamily Research Group, if the 10-Year Treasury rate stays in the range of 2.5 percent, multifamily volume is estimated to grow to around $295 billion.
Freddie Mac: Apartment price growth expected to track inflation
The new alliance is intended to give Lenders One members who are Freddie Mac Seller/Servicers pricing and execution benefits, enhanced access to mortgage products, and professional training and development opportunities.
Freddie Mac, Lenders One announce partnership
Freddie Mac (OTCQB: FMCC) and ReadyCap Commercial, LLC said ReadyCap Commercial has funded its first loan under the Freddie Mac Small Balance Loan initiative.
ReadyCap completes first Freddie Mac small balance loan
Fredddie Mac said, "On October 25, 2013, Freddie Mac, Fannie Mae and FHFA entered into an agreement with JPMorgan Chase & Co.
JPMorgan Chase pays $5.1 billion to settle mortgage-backed securities cases
The Freddie Mac/ABA Alliance gives member banks corm petitive cash executions and exclusive training on many Freddie Mac products and solutions.
ABA subsidiary, Freddie Mac extend 10-year alliance
What are you trying to get done?' And I've done this with many, many clients " Gingrich claimed that he may not have personally done all of the consulting billed to Freddie Mac, stressing that over the years the Gingrich Group had as many as 30 employees with offices in Atlanta and St.
Newt Gingrich's Freddie Mac problem
The 41-year-old Kellermann has been Freddie Mac's chief financial officer since September.
Boss of US loans giant in 'suicide'
The S548 million TEBS transaction, designed to support more than 8,800 affordable-housing units, represents the second-largest TEBS transaction in Freddie Mac history, according to Mike May, multifamily senior vice president at Freddie Mac.
Freddie Mac closes $548 million TEBS deal with Citi

Dictionary browser ?
Full browser ?