freddie mac
Word Rarity
Rare
Frequency: Zipf frequency 3.68 in modern English
19
Scrabble Score
10
Letters
3
Syllables
8
Unique Chars
Meaning
name
The Federal Home Loan Mortgage Corporation (FHLMC), a private, stockholder-owned corporation sponsored by the US government, established in 1968 to provide market competition for the Federal National Mortgage Association (FNMA).
Informal
Example Sentences
- "The acting CFO of Freddie Mac has been found dead in his basement, an apparent suicide. He's one of the executive team who has been clashing with regulators over how much to disclose about the ways the government has been running the company for its benefit, rather than that of the shareholders."
- "The quarterly analysis looks at delinquency rates for five of the largest investor groups: FDIC-insured banks and thrifts, commercial mortgage-backed securities, life insurance companies, and Fannie Mae and Freddie Mac."
Etymology
Modeled after Fannie Mae.