Federal Home Loan Mortgage Corporation

Definition

FHLMC or Freddie Mac. Government-chartered corporation which buys qualified mortgage loans from the financial institutions that originate them, securitizes the loans, and distributes the securities through the dealer community. The securities are not backed by the U.S. Government. The market value of these securities prior to maturity is not guaranteed and will fluctuate.

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He worked for the federal home loan mortgage corporation and he had a really great time working there and had a lot of friends.

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Citimortgage and Synovus Mortgage, like all good and reputable lenders, is an approved Federal Home Loan Mortgage Corporation in good standing.

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Jan and Jason found that the Federal Home Loan Mortgage Corporation was going to be buying their home at foreclosure, leaving them a very slim chance to keep their home

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Emergency Home Finance Act of 1970 public bond