Freddie Mac

Freddie Mac, or the Federal Home Loan Mortgage Corporation, is a government-sponsored enterprise in the United States that helps ensure stability in the housing market. It does this by buying mortgages from lenders, which provides them with capital to issue more loans to homebuyers. Freddie Mac then packages these loans into securities, making them attractive to investors. By facilitating the flow of money in the mortgage market, Freddie Mac helps make home financing more accessible, aiming to promote homeownership and provide affordable housing options for Americans.