Freddie Mac Hear it!

Freddie Mac definition

Fred·die Mac (fred′ē mak′)

  1. 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
  2. any of the securities issued by this corporation: usually used in pl.

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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