What is Freddie Mac computer-Government Financial Financial Corp. (FHLMC)?

The Federal Mortgage Home loan Corp. (FHLMC) try a stockholder-possessed, government-sponsored enterprise (GSE) chartered from the Congress from inside the 1970 to store money streaming to financial lenders, which in turn supporting homeownership and you may rental casing to own middle-income Us americans. The FHLMC, familiarly called Freddie Mac computer, commands, promises, and you can securitizes mortgage brokers which will be a pillar of one’s supplementary home loan field.

Trick Takeaways

• Freddie Mac ‘s the officially accepted nickname into the Government Home Mortgage Financial Corp. (FHLMC).
• Freddie Mac was a shareholder-owned, government-backed corporation (GSE) chartered because of the Congress in the 1970 in support of homeownership to own middle-money People in america.
• Brand new character regarding Freddie Mac computer is to buy a large amount out-of financing regarding mortgage brokers, then merge them and sell her or him since the financial-recognized bonds.
• Fannie mae and you can Freddie Mac computer is actually one another in public exchanged GSEs.Seguir leyendo