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词汇 Freddie Mac
释义

Freddie Mac

Freddie Mac //  
a US financial institution which buys and sells loans and mortgages to banks and other financial institutions, but does not deal with ordinary borrowers. It was started in 1970 to provide competition for the Fannie Mae organization in the secondary mortgage market. Its full name is the Federal Home Loan Mortgage Corporation.
From Longman Business Dictionary
Freddie MacFred·die Mac /ˌfredi ˈmæk/ noun trademarkFINANCEBANKINGORGANIZATIONS
an informal name for the FEDERAL HOME LOAN MORTGAGE CORPORATION
Freddie Mac will finance mortgages for homebuyers in predominantly minority neighborhoods with low ownership rates, working with borrowers until they qualify for loans.
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