What is another word for Freddie Mac?
Pronunciation: [fɹˈɛdi mˈak] (IPA) 
Freddie Mac is a term used to refer to the Federal Home Loan Mortgage Corporation, a government-sponsored entity that was created in 1970 to help expand mortgage access by providing financing to mortgage lenders. There are a few synonyms for Freddie Mac, such as "FHLMC", "Federal Home Loan Mortgage Corporation", "Federal Mortgage Association", and "Fannie Mae's sibling". FHLMC or the Federal Home Loan Mortgage Corporation is the official name of Freddie Mac which is its acronym. Federal Mortgage Association, on the other hand, is another name for Fannie Mae, another government-sponsored entity that provides a similar service. Finally, Fannie Mae's sibling refers to Freddie Mac as the two are often compared and are similar in their operations.
