Freddie Mac
Americannoun
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a publicly traded security that represents participation in a pool of mortgages guaranteed by the Federal Home Loan Mortgage Corporation.
Etymology
Origin of Freddie Mac
1970–75; from the initials FHLMC, on the model of Fannie Mae
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
At the precipice of the financial crisis, the government-sponsored enterprises Fannie Mae and Freddie Mac, with their implicit government guarantee and imprimatur, either securitized or guaranteed roughly half of all mortgages in the U.S.
From The Wall Street Journal ● Jul. 20, 2026
Mortgage rates are the highest they’ve been in a year, jumping to an average of 6.55%, according to data from Freddie Mac.
From MarketWatch ● Jul. 17, 2026
Interest rate risk is the main risk to investors associated with “agency” mortgage bonds backed by Fannie Mae and Freddie Mac, because they are guaranteed against credit losses.
From The Wall Street Journal ● Jun. 29, 2026
The bulk of mortgage securities are issued by Fannie Mae and Freddie Mac, which are quasi-government entities whose bonds carry little credit risk.
From Barron's ● Jun. 26, 2026
Then came the collapse of the government-sponsored entities, Fannie Mae and Freddie Mac, both promptly nationalized.
From "The Big Short" by Michael Lewis
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
