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FindLaw Legal Dictionary

The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.

term:

Freddie Mac

freddie mac: Federal Home Loan Mortgage Corporation (FHLM); a federally chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors; this provides lenders with funds for new homebuyers. Also known as a Government Sponsored Enterprise (GSE).

Source: U.S. Department of Housing and Urban Development

Related Terms from the Property Rights and Real Estate Law Glossary

203(B)
203(K)
A Loan Or A Paper
Abstract Of Title
Acceleration

Acceptance
Additional Principal Payment
Adjustable-Rate Mortgage (Arm)
Adjustment Date
Adjustment Index

Adjustment Interval
Affidavit
Amenity
American Society Of Home Inspectors
Annual Mortgagor Statement

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