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please tell me what a "freddie mac" is

glossary FAQ: glossary.
Z. Hunter from Canada
16 August, 2009

the "freddie mac " is Abbreviation for Federal Home Loan Mortgage Corporation (FHLMC). Like the Federal National Mortgage Association, or Fannie Mae, it is a government sponsored enterprise that buys mortgage loans from the lenders, securitises them, and distributes the securi Visit etoro.com

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