Advertisement
Advertisement
Freddie Mac
noun
- a publicly traded security that represents participation in a pool of mortgages guaranteed by the Federal Home Loan Mortgage Corporation.
Discover More
Word History and Origins
Origin of Freddie Mac1
1970–75; from the initials FHLMC, on the model of Fannie Mae
Discover More
Example Sentences
As with AIG, the government essentially bailed out the financial system by bailing out Fannie Mae and Freddie Mac.
From The Daily Beast
Fannie Mae and Freddie Mac, which buy almost every mortgage originated in the U.S., are still functioning.
From The Daily Beast
Fannie Mae in September paid a $10.2 billion dividend and Freddie Mac paid a $4.4 billion dividend.
From The Daily Beast
Freddie Mac, for its part, has returned $29.6 billion of the $71 billion it took from Treasury.
From The Daily Beast
Fannie Mae and Freddie Mac, the government-owned mortgage agencies, have been minting money and turning it over to Treasury.
From The Daily Beast
Advertisement
Advertisement
Advertisement
Advertisement
Browse