Question: why is fhlmc called freddie mac?
Answer: As for Freddie Mac, that one is a little trickier. Similar to Fannie and Ginnie, Freddie Mac, or Federal Home Loan Mortgage Corporation, was derived from its acronym FHLMC. Freddie, from “F” and Mac from “MC.” It seems the jury is still out on as to why letters “HL” were left out.