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WordNet-Online
Definitions from WordNet
Noun federal home loan mortgage corporation has 1 sense
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Definitions from the WebFederal Home Loan Mortgage CorporationDefinitionThe Federal Home Loan Mortgage Corporation (FHLMC), also known as Freddie Mac, is a government-sponsored enterprise created to promote homeownership and expand the availability of affordable housing in the United States. SensesSense 1 [Noun]: Government-Sponsored EnterpriseThe Federal Home Loan Mortgage Corporation is a government-sponsored enterprise (GSE) that purchases mortgages from lenders and packages them as mortgage-backed securities to investors. Example sentence: Many lenders prefer to sell their mortgages to the Federal Home Loan Mortgage Corporation due to the additional liquidity it provides. Sense 2 [Noun]: Secondary Mortgage MarketThe Federal Home Loan Mortgage Corporation operates in the secondary mortgage market by purchasing, guaranteeing, and securitizing mortgages, thereby providing access to capital for mortgage lenders. Example sentence: Investors find security in the guaranteed mortgage-backed securities offered by the Federal Home Loan Mortgage Corporation. Sense 3 [Noun]: Housing Finance IndustryThe Federal Home Loan Mortgage Corporation plays a crucial role in the housing finance industry by facilitating the flow of funds between lenders and homebuyers. Example sentence: The Federal Home Loan Mortgage Corporation's efforts have helped increase homeownership rates across the country. Sense 4 [Adjective]: Pertaining to Federal Home Loan Mortgage CorporationAny entity, program, or legislation associated with the Federal Home Loan Mortgage Corporation can be described as federal home loan mortgage corporation. Example sentence: The federal home loan mortgage corporation guidelines require a minimum credit score for loan eligibility. Related ProductsTo learn more about the Federal Home Loan Mortgage Corporation and related topics, you can explore the following products: | ||||
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