Freddie Mac is the nickname for the Federal Home Loan Mortgage Corporation that purchases residential mortgages, securitizes them, and sells them to investors to provide lenders with funds for new homebuyers.
What does FHLMC stand for?
FHLMC stands for Federal Home Loan Mortgage Corporation (Freddie Mac)
This definition appears very frequently and is found in the following Acronym Finder categories:
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We have 1 other meaning of FHLMC in our Acronym Attic
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Samples in periodicals archive:
87-3, Accounting for Mortgage Servicing Fees and Rights, addresses determining normal servicing fee rates for transactions with federally sponsored secondary market makers of mortgage loans, such as the Government National Mortgage Association (Ginny Mae), the Federal National Mortgage Association (Fanny Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).
in which he vacated a foreclosure sale held pursuant to a judgment obtained by the Federal Home Loan Mortgage Corporation ("Freddie Mac") because of Freddie Mac's failure to have served a notice of the sale upon the attorney for the mortgagor who had appeared in the action.