freddie mac

WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

Noun freddie mac has 1 sense

Federal Home Loan Mortgage Corporation, Freddie Mac, FHLMC - a corporation authorized by Congress to provide a secondary market for residential mortgages
--₁ is a kind of corporation, corp

Definitions from the Web

Term: Freddie Mac

Description:

Freddie Mac, also known as the Federal Home Loan Mortgage Corporation, is a government-sponsored enterprise established to provide liquidity, stability, and affordability to the U.S. housing market. It operates as a purchaser and guarantor of mortgages, which helps to lower mortgage costs and promote homeownership.

Senses and Usages:

Sense 1: Organisation

Freddie Mac, as an organization, plays a key role in the secondary mortgage market by purchasing and securitizing mortgages from banks and other lenders.

Example Sentence 1: Freddie Mac helps to increase the availability of mortgage funds and facilitates the flow of credit in the housing market.

Sense 2: Mortgage-Backed Securities

Freddie Mac issues mortgage-backed securities (MBS) that are backed by the mortgages it purchases, providing investors with a way to invest in the U.S. housing market.

Example Sentence 2: Many investors prefer investing in Freddie Mac's mortgage-backed securities due to their historically stable performance.

Sense 3: Support for Homeownership

Freddie Mac plays a vital role in supporting homeownership by setting mortgage guidelines, providing assistance to lenders, and helping borrowers obtain affordable housing finance.

Example Sentence 3: Thanks to Freddie Mac's initiatives, more individuals and families have been able to achieve the dream of owning their own homes.

Sense 4: Market Stabilization

Freddie Mac's activities in purchasing and guaranteeing mortgages also contribute to stabilizing the housing market by providing stability and liquidity to lenders, which in turn benefits borrowers.

Example Sentence 4: During times of economic uncertainty, Freddie Mac's presence in the housing market helps to maintain stability and confidence among lenders and borrowers alike.

Definitions from WordNet