Federal Home Loan Mortgage Corporation (FHLMC)

Federal Home Loan Mortgage Corporation (FHLMC) - Is commonly known as the Freddie Mac. The Federal Home Loan Mortgage Corporation is a government-chartered corporation in which they buy qualified mortgage loans from any of the financial institutions that have originate the loans. The financial institutions are then securitizes for the loans given, and distributes. The securities made by the financial institution go through the dealer of the community who may buy or sell. The securities are never backed by the Government of the United States. The market value of these within the financial institution the securities may or may not reach maturity and is not guaranteed as they may fluctuate with the financial markets.