Freddie Mac (Federal Home Loan Mortgage Corporation)

Freddie Mac (Federal Home Loan Mortgage Corporation) is a government-sponsored enterprise that helps make homeownership possible by purchasing mortgages from lenders. This process provides lenders with fresh funds to offer more home loans to buyers. Freddie Mac then packages these mortgages into securities and sells them to investors, which helps ensure a steady flow of mortgage funding in the housing market. Its goal is to promote affordable and sustainable homeownership, stabilize the mortgage market, and support the availability of mortgage credit across the U.S.