Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, is a United States government-sponsored enterprise (GSE). It is one of the largest purchasers of mortgages in the United States, and plays a significant role in the secondary mortgage market by securitizing mortgages into mortgage-backed securities. This activity helps to make mortgages more affordable and available to homebuyers.
Finance
1970
McLean, Virginia, United States
7,000
$110,000
$60,000 - $200,000
4.0
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