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Home > QFINANCE Dictionary > Definition of Federal Home Loan Mortgage Corporation

Definition of

Federal Home Loan Mortgage Corporation

Mortgages

US institution financing housing a stockholder-owned private company chartered in 1970 by the US Congress to fund home mortgages by issuing debt securities in US and international securites markets. On September 7, 2008, after the corporation reported more than $2 billion in losses from subprime loans, its government regulatory agency, the Federal Housing Finance Agency, put the corporation under its conservatorship.

Related definitions of "Federal Home Loan Mortgage Corporation"

Definitions of ’Federal Home Loan Mortgage Corporation’ and meaning of ’Federal Home Loan Mortgage Corporation’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’Federal Home Loan Mortgage Corporation’ and other financial terms with our online QFINANCE Financial Dictionary.

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