the Federal Home Loan Mortgage Corporation

the Federal Home Loan Mortgage Corporation
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. 2012.

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  • 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 that enhance liquidity. Informally… …   Financial and business terms

  • Federal Home Loan Mortgage Corporation — Logo de Federal Home Loan Mortgage Corporation Création 1970 …   Wikipédia en Français

  • 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

  • Federal Home Loan Mortgage Corporation — A federal agency which purchases first mortgages (both conventional and federally insured) from members of the Federal Reserve System, and the Federal Home Loan Bank System. Commonly called Freddie Mac …   Black's law dictionary

  • Federal Home Loan Mortgage Corporation — A federal agency which purchases first mortgages (both conventional and federally insured) from members of the Federal Reserve System, and the Federal Home Loan Bank System. Commonly called Freddie Mac …   Black's law dictionary

  • Federal Home Loan Mortgage Corporation — noun a corporation authorized by Congress to provide a secondary market for residential mortgages • Syn: ↑Freddie Mac, ↑FHLMC • Hypernyms: ↑corporation, ↑corp * * * a private corporation authorized by the U.S. Congress whose chief function is to… …   Useful english dictionary

  • Federal Home Loan Mortgage Corporation — a private corporation authorized by the U.S. Congress whose chief function is to buy federally insured home mortgages and help develop nonfederally insured mortgages. Abbr.: FHLMC * * * …   Universalium

  • Federal Home Loan Mortgage Corporation — /ˌfed(ə)rəl həυm ləυn mɔ: ɪd kɔ:pəˌreɪʃ(ə)n/ noun US a federal organisation which backs mortgages issued by the Savings and Loans Associations. Abbreviation FHLMC, Freddie Mac …   Dictionary of banking and finance

  • Federal Home Loan Banks — The Federal Home Loan Banks provide stable, on demand, low cost funding to American financial institutions for home mortgage loans, small business, rural, agricultural, and economic development lending. With their members, the FHLBank System… …   Wikipedia

  • Mortgage GSE controversy — The controversy in relation to the United States mortgage government sponsored enterprises (GSEs) was triggered by accounting scandals, which urged the US government to consider tightening the control over them.The two largest housing GSEs of… …   Wikipedia

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