Freddie Mac n 1: a corporation authorized by Congress to provide a secondary market for residential mortgages [syn: {Federal Home Loan Mortgage Corporation}, {Freddie Mac}, {FHLMC}]
FHLMC \FHLMC\ n. [acronym from Federal Home Loan Mortgage Corporation.] a corporation authorized by Congress to provide a secondary market for residential mortgages. It is called {Freddie Mac} in the jargon of the finance industry. [acronym] Syn: Federal Home Loan Mortgage Corporation, Freddie Mac. [WordNet 1.5]