Freddie Mac
- Informal Federal Home Loan Mortgage Corporation: a corporation sponsored by the federal government which issues securities backed by pools of residential mortgages purchased from lending institutions
- any of the securities issued by this corporation: usually used in pl.
See Freddie Mac in American Heritage Dictionary 4
(frĕdˈē)
noun A security issued by the Federal Home Loan Mortgage Corporation and secured by a pool of conventional home mortgages.
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