Freddie Mac

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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

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)

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
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.
References in periodicals archive ?
Through Certificates and three classes of the Freddie Mac Structured Pass-Through Certificates 2014-K-040.
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.
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.
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 (OTCQB: FMCC) and ReadyCap Commercial, LLC said ReadyCap Commercial has funded its first loan under the Freddie Mac Small Balance Loan initiative.
Fredddie Mac said, "On October 25, 2013, Freddie Mac, Fannie Mae and FHFA entered into an agreement with JPMorgan Chase & Co.
The settlement was a condition set by Freddie Mac, the government-backed mortgage financier, to allow a new unit of MGIC to underwrite mortgages in seven states.
The Freddie Mac/ABA Alliance gives member banks corm petitive cash executions and exclusive training on many Freddie Mac products and solutions.
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.
The 41-year-old Kellermann has been Freddie Mac's chief financial officer since September.
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.