The Federal Home Loan Mortgage Corporation

The Federal Home Loan Mortgage Corporation

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The Federal Home Loan Mortgage Corporation
The Federal Home Loan Mortgage Corporation, more commonly known as Freddie Mac, is an enterprise that was developed by the United States government in order to ensure that the necessary monetary funds were directed at mortgage lenders. 
 
 
The corporation was created in 1970 and is owned by stockholders. It allows money to flow to lenders, so that they can provide potential homes owners with home mortgage loans. The Federal Home Loan Mortgage Corporation seeks to maintain a stabilized mortgage market, so that owning and renting residential homes is affordable for consumers. The corporation also wishes to expand home ownership opportunities, so that more individuals are able to own homes. It regulates the housing market in the United States. 
 
 
There are a number of ways through which the Federal Home Loan Mortgage Corporation stabilizes the housing market. First, it provides residential mortgages with credit guarantees. The corporation also invests in mortgage securities and mortgage loan. This helps ensure the mortgage lenders have the funds necessary to offer consumers home mortgage loans. 
 
 
The primary responsibility of the Federal Home Loan Mortgage Corporation is to meet any liquidity needs present in the United Sates mortgage market, and the provide lenders with the ability to offer consumers affordable housing. Freddie Mac has invested hundreds of billions of dollars in the housing market and has helped millions of families obtain housing in states throughout the country.

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