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Definition of Freddie Mac
1. Noun. A corporation authorized by Congress to provide a secondary market for residential mortgages.
Definition of Freddie Mac
1. Proper noun. (finance) Widely-used nickname for the Federal Home Loan Mortgage Corporation (FHLMC), a private, stockholder-owned corporation sponsored by the US government, established in 1968 to provide market competition for the Federal National Mortgage Association. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Freddie Mac
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