The primary purpose of Freddie Mac (FHLMC)is to:

Question

Quizplus · Accepted Answer

Freddie Mac, also known as the Federal Home Loan Mortgage Corporation (FHLMC), is a government-sponsored enterprise that provides a secondary market for mortgage originators. This means that they purchase mortgages from lenders and package them into mortgage-backed securities that can be sold to investors. This frees up capital for lenders to make more loans, ultimately increasing access to mortgage credit for consumers. Although Freddie Mac's activities help provide consumers with more options for obtaining a mortgage, this is not their primary purpose.

The Primary Purpose of Freddie Mac (FHLMC)is To