Federal Home Loan Mortgage Corporation
US institution financing housing a stockholder-owned private company chartered in 1970 by the US Congress to fund home mortgages by issuing debt securities in US and international securites markets. On September 7, 2008, after the corporation reported more than $2 billion in losses from subprime loans, its government regulatory agency, the Federal Housing Finance Agency, put the corporation under its conservatorship.
Related definitions of "Federal Home Loan Mortgage Corporation"
- Abbr FHLMC.
- Also called Freddie Mac.
- See also Fannie Mae

