Freddie Mac. The Federal Home Loan Mortgage Corporation, a corporation created pursuant to the Act for the purpose of establishing and supporting a secondary market in residential mortgages. Unless the context requires otherwise, the term “Freddie Mac” shall be deemed to refer to Freddie Mac acting in one or more of its corporate capacities, as specified or as provided in context, and not in its capacity as Trustee. Freddie Mac MBS: Non-TBA eligible single-class securities issued by Freddie Mac entitled to payment of both principal and interest received on the related assets and include (i) MBS issued by Freddie Mac under the UMBS and MBS Offering Circular and (ii) MBS Mirror Certificates issued by Freddie Mac under the Mirror Certificates Offering Circular. Freddie Mac Stripped Certificates: Freddie Mac-issued stripped securities.
Appears in 3 contracts
Samples: Master Trust Agreement, Master Trust Agreement, Master Trust Agreement
