A federally-backed mortgage company. Enables banks to lend more money to homebuyers. Loans that adhere to Fannie Mae and Freddie Mac lending standards are called conforming loans.
Federal Home Loan Corporation (Freddie Mac)« Back to Mortgage Terms
A federally-backed mortgage company. Enables banks to lend more money to homebuyers. Loans that adhere to Fannie Mae and Freddie Mac lending standards are called conforming loans.
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