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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


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Example Sentences

Examples have not been reviewed.

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.

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Federal GovernmentFederal Housing Administration