Companies similar to or like Freddie Mac
Public government-sponsored enterprise (GSE), headquartered in Tysons Corner, Virginia. Wikipedia
United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. To expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities , allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market by reducing the reliance on locally based savings and loan associations (or "thrifts"). Wikipedia
The placing into conservatorship of the government-sponsored enterprises Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) by the U.S. Treasury in September 2008. A conservatorship isn't a takeover of the ownership, but a status to rehabilitate corporations. Wikipedia
Type of financial services corporation created by the United States Congress. To enhance the flow of credit to targeted sectors of the economy, to make those segments of the capital market more efficient and transparent, and to reduce the risk to investors and other suppliers of capital. Wikipedia
Independent federal agency in the United States created as the successor regulatory agency of the Federal Housing Finance Board (FHFB), the Office of Federal Housing Enterprise Oversight (OFHEO), and the U.S. Department of Housing and Urban Development government-sponsored enterprise mission team, absorbing the powers and regulatory authority of both entities, with expanded legal and regulatory authority, including the ability to place government sponsored enterprises (GSEs) into receivership or conservatorship. In its role as regulator, it regulates Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks (FHLBanks, or FHLBank System). Wikipedia
Sentences forFreddie Mac
- The Bush administration pushed for significantly increased regulation of Fannie Mae and Freddie Mac in 2003, and after two years, the regulations passed the House but died in the Senate.
- He also pushed government-sponsored lenders Fannie Mae and Freddie Mac to buy more home loans issued to poor homeowners, in an attempt to end discrimination against minorities.
- Since 2012, Deutsche Bank had paid more than €12 billion for litigation, including a deal with U.S. mortgage-finance giants Fannie Mae and Freddie Mac.
- Between 2001 and 2010, Gingrich consulted for Freddie Mac, a government-sponsored secondary home mortgage company, which was concerned about new regulations under consideration by Congress.
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