the FHLMC

the FHLMC
the FHLMC UK US noun ABBREVIATION for
THE FEDERAL HOME LOAN MORTGAGE CORPORATION(Cf. ↑the Federal Home Loan Mortgage Corporation)

Financial and business terms. 2012.

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  • the Federal Home Loan Mortgage Corporation — UK US noun (ABBREVIATION the FHLMC) FINANCE, GOVERNMENT, PROPERTY ► FREDDIE MAC(Cf. ↑Freddie Mac): »Prime mortgage interest rates averaged 6.1 to 6.8 percent, according to the Federal Home Loan Mortgage Corporation …   Financial and business terms

  • FHLMC — n. [acronym from Federal Home Loan Mortgage Corporation.] a corporation authorized by Congress to provide a secondary market for residential mortgages. It is called {Freddie Mac} in the jargon of the finance industry. [acronym] Syn: Federal Home… …   The Collaborative International Dictionary of English

  • FHLMC — Federal Home Loan Mortgage Corporation (FHLMC) A U.S. government sponsored enterprise. FHLMC is owned by member financial institutions and is not an agency of the U.S. government. It provides financial products and services in the mortgage market …   Financial and business terms

  • Freddie Mac - Federal Home Loan Mortgage Corp - FHLMC — A stockholder owned, government sponsored enterprise (GSE) chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing for middle income Americans. The FHLMC purchases, guarantees and… …   Investment dictionary

  • Federal Home Loan Mortgage Corporation — FHLMC A corporation established in the USA in 1970 to buy mortgages from savings and loan associations in order to resell them in the secondary market packaged as securities. The stock of the corporation is held by the Federal Home Loan Banks The …   Big dictionary of business and management

  • Freddie Mac — Infobox Company company name = Federal Home Loan Mortgage Corporation (Freddie Mac) company company type = Public (nyse|FRE) company slogan = We Make Home Possible foundation = 1970 location = McLean, Virginia key people = David M. Moffett (CEO)… …   Wikipedia

  • gnome — Fifteen year FHLMC MBS pool that is issued under the FHLMC fifteen year Cash Program. See nongnome. American Banker Glossary …   Financial and business terms

  • non-gnome — Fifteen year FHLMC MBS pools that are issued under the FHLMC 15 year Guarantor Program. See gnome. American Banker Glossary …   Financial and business terms

  • nongnome — Fifteen year FHLMC MBS pools that are issued under the FHLMC 15 year Guarantor Program. See gnome. American Banker Glossary …   Financial and business terms

  • Freddie Mac — FHLMC FHLMC n. [acronym from Federal Home Loan Mortgage Corporation.] a corporation authorized by Congress to provide a secondary market for residential mortgages. It is called {Freddie Mac} in the jargon of the finance industry. [acronym] Syn:… …   The Collaborative International Dictionary of English

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