Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• FHLMC
  
  FHLMC is the Federal Home Loan Mortgage Corporation, also known as Freddie Mac. The company is a private corporation that was developed by congress in order to help support the secondary mortgage market. Like Fannie Mae, Freddie Mac purchases loans from lenders so lenders have additional funds that enable them to make more home loans to homebuyers.
  
  Back