The architect of the secondary mortgage market: ‘Freddie Mac’. (the Federal Home Loan Mortgage Corporation)

THE ARCHITECT OF THE SECONDARY MORTGAGE MARKET

THE ARCHITECT OF THE SECONDARY MORTGAGE MARKET

“Freddie Mac”

The nickname was coined, appropriately enough, in the market-place — by the investors and lenders who do business with the Federal Home Loan Mortgage Corporation. Freddie Mac brings them together every day. And they have come to trust the Freddie Mac name because the corporation knows one business inside out: buying mortgages from lenders, pooling and packaging them into securities, and selling those securities to investors.

Freddie Mac, in fact, knows that business better than anyone else.

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