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What is Freddie Mac?

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... privately owned, government-sponsored organization that uses private capital to buy home mortgages as a means to help lower housing costs.

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Get more facts and information about Federal Home Loan Mortgage Corporation from The Columbia Encyclopedia, Sixth Edition at Encyclopedia.com.

Similar questions: What is the Federal Home Loan Mortgage Corporation? What does Freddie Mac stand for? What is the full name of Freddie Mac? [ Hide these questions ]

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