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.
The decline could coax some off the sidelines, said Sam Khater, Freddie Mac’s chief economist.
From Barron's
However, Harabedian said that most of the contracts and guidelines of Fannie Mae and Freddie Mac — the government-sponsored organizations that hold or guarantee the majority of U.S. mortgages — do not bar loan deferrals.
From Los Angeles Times
The rate on a fixed 30-year mortgage is nearly a full point lower than it was at the same time last year, according to Freddie Mac.
From Barron's
And the White House, which oversees Fannie Mae and Freddie Mac — the two enterprises that back most U.S. mortgages — continues to push the idea of portable and assumable mortgages.
From Los Angeles Times
A 50-year mortgage and a proposal to order Fannie Mae and Freddie Mac to buy billions of dollars of mortgage bonds to push down borrowing costs have been floated.
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.
