| 单词 | Federal Home Loan Mortgage Corporation |
| 释义 | Federal Home Loan Mortgage Corporation = FHLMC A corporation established in the USA in 1970 to buy mortgages from savings and loan associations in order to resell them in the secondary market packaged as securities. The stock of the corporation is held by the Federal Home Loan Bank System, the regulatory body for the savings and loans associations established in the 1930s to provide reserves for the mortgage lending institutions. The FHLMC is usually referred to in market reports as Freddie Mac. |
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