What is Freddie Mac computer-Federal Home loan Home loan Corp. (FHLMC)?
Brand new Government Mortgage Home loan Corp. (FHLMC) are a stockholder-possessed, government-paid organization (GSE) chartered because of the Congress from inside the 1970 to keep currency streaming so you can home loan loan providers, which in turn supports homeownership and you will local rental homes getting middle-money Americans. The fresh new FHLMC, familiarly called Freddie Mac, purchases, promises, and you can securitizes lenders that will be a pillar of the second home loan business.
Key Takeaways
- Freddie Mac computer is the theoretically recognized nickname on the Government House Financing Home loan Corp. (FHLMC).
- Freddie Mac computer are www.clickcashadvance.com/installment-loans-tx/el-paso/ a stockholder-owned, government-backed organization (GSE) chartered of the Congress within the 1970 to get homeownership to possess middle-money Us americans. Czytaj dalej „Freddie MacFederal Financial Mortgage Corp. (FHLMC)”