What is actually Freddie Mac-Federal Financial Financial Corp. (FHLMC)?
The brand new Federal Mortgage Mortgage Corp. (FHLMC) is a shareholder-owned, government-paid corporation (GSE) chartered from the Congress when you look at the 1970 to store currency moving so you’re able to home loan lenders, which in turn aids homeownership and you will rental casing having center-money Us americans. The brand new FHLMC, familiarly known as Freddie Mac computer, commands, claims, and you will securitizes lenders and is a pillar of one’s secondary financial industry.
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