Federal Home Loan Mortgage Corporation (FHLMC)
A U.S. government-sponsored enterprise. FHLMC is owned by member financial institutions and is not an agency of the U.S. government. It provides financial products and services in the mortgage market that enhance liquidity. Informally but widely known as Freddie Mac. American Banker Glossary
————
See: Freddie Mac
* * *
abbreviation for Federal Home Loan Mortgage Corporation
Financial and business terms. 2012.