1. Freddie Mac - Noun
2. Freddie Mac - Proper noun
a corporation authorized by Congress to provide a secondary market for residential mortgages
Source: WordNetThese two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing. Barney Frank
Well, Mark, I led the charge for five or six years to get reforms for Fannie Mae and Freddie Mac. I was chairman of an organization called 'FM Policy Focus.' What we were saying was, if there was blip in the housing market, Fannie and Freddie would destabilize the greatest economy in the world. J. C. Watts
A lender had originated 10 such loans to Kushner Companies and its partners in 2015, and Freddie Mac planned to sell them to investors, or securitize them, once the properties demonstrated income consistently high enough to cover the debt payments. Source: Internet
Most mortgages eventually are sold to government-backed lenders, such as Fannie Mae and Freddie Mac, which then package those loans into bonds sold to investors. Source: Internet
And he deftly presided over the orderly collapses of Lehman Brothers, AIG, Merrill Lynch, Bear Stearns, General Motors, Fannie Mae, Freddie Mac and other American icons. Source: Internet
But other options might be available, particularly for those with jumbo mortgages, since the loans are not subject to Fannie Mae and Freddie Mac guidelines. Source: Internet