Federal Home Loan Mortgage Corporation

noun

1. a private corporation authorized by the U.S. Congress whose chief function is to buy federally insured home mortgages and help develop nonfederally insured mortgages. FHLMC

Example Sentences

In 2021, the Federal Home Loan Mortgage Corporation released a study of 12 million appraisals over five years, showing that homes in black and Hispanic neighbourhoods were routinely undervalued.

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Or so one supposes, given the history of efforts to overhaul the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, a.k.a.

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Case in point: Friday was the 11th anniversary of what was supposed to be a temporary federal takeover of the troubled mortgage-guarantee entities Federal National Mortgage Association and Federal Home Loan Mortgage Corporation.

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In a friend-of-the-court-brief, the Federal Home Loan Mortgage Corporation — better known as Freddie Mac — highlighted the importance of such provisions in maintaining its collateral and avoiding blight that might harm property values in a neighborhood.

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In a friend-of-the-court-brief, the Federal Home Loan Mortgage Corporation - better known as Freddie Mac - highlighted the importance of such provisions in maintaining its collateral and avoiding blight that might harm property values in a neighborhood.

Read more on Washington Times