Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun One of two federally chartered corporations that buy and pool US mortgages and issue securities based on those pools.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- proper noun finance Widely-used
nickname for the Federal Home Loan Mortgage Corporation (FHLMC), aprivate ,stockholder -ownedcorporation sponsored by the US government,established in 1968 to providemarket competition for the Federal National Mortgage Association.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a corporation authorized by Congress to provide a secondary market for residential mortgages
Etymologies
from The American Heritage® Dictionary of the English Language, 4th Edition
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Examples
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I called Freddie Mac, which was mentioned in the first letter, and asked them if they were involved.
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And you know, I was just very surprised, when I called Freddie Mac to check some of those stuff out.
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As of Sept. 30, 2009, his FPA Capital Fund (FPPTX) held just 22 stocks that made up 75% of assets, along with a single short-term Freddie Mac (NYSE: FRE) bond (2%), and a whole bunch of cash
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After that little hit and run they bumped into another called Freddie Mac, and Fannie Mae.
The News is NowPublic.com - NowPublic.com: The News is Now Public 2008
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After that little hit and run they bumped into another called Freddie Mac, and Fannie Mae.
The News is NowPublic.com - NowPublic.com: The News is Now Public 2008
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After that little hit and run they bumped into another called Freddie Mac, and Fannie Mae.
The News is NowPublic.com - NowPublic.com: The News is Now Public 2008
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It appeared beneath a section entitled "Freddie Mac and the Subprime Market," and was composed by Freddie Mac based on Mr. Gingrich's discussions with the company as well as his writings about the role of government.
Gingrich Backed Freddie in 2007 Interview Nick Timiraos 2011
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The program is open for loans backed by Fannie Mae and Freddie Mac, which is regulated by the FHFA.
Housing Finance Regulator Defends Against Critics Nick Timiraos 2011
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If the amendment limits the audit only to emergency lending, the GAO would be barred from looking at the Fed's foreign central bank swaps and its purchasing of mortgage debt from Fannie Mae and Freddie Mac, which is considered part of open market operations and not emergency lending.
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It doesn't take any account of the money that went into Fannie Mae and Freddie Mac, which is a huge black hole.
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