fhlmc

uncountable · proper noun

A corporation authorized by the U.S. Congress to provide a secondary market for residential mortgages, commonly known as Freddie Mac.

• 🇷🇺Корпорация, уполномоченная Конгрессом США предоставлять вторичный рынок для ипотечных кредитов на жилье, широко известная как Freddie Mac.

1. Freddie Mac C1 formal american business

   A government-sponsored enterprise that buys mortgages from lenders, packages them into securities, and sells them to investors to provide liquidity and stability to the housing market.

   • FHLMC, commonly known as Freddie Mac, was created by Congress in 1970.
   • Investors often buy mortgage-backed securities issued by FHLMC.
   • The role of FHLMC is to ensure a steady flow of funds for home loans.

   🇷🇺Фредди Мак