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Freddy Mac

/ ˈfrɛdɪ mæk /

noun

  1. (in the US) an informal name for the Federal Home Loan Mortgage Corporation, a private company that buys and sells mortgage debt

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Word History and Origins

Origin of Freddy Mac1

C20: altered from the initials FHLMC; influenced by Fannie Mae

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Freddie MacFrederica

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