Freddie Mac
Freddie Mac is the common name for the Federal Home Loan Mortgage Corporation (FHLMC), "a corporation authorized by Congress to provide a secondary market for residential mortgages." [1] Freddie Mac is a company bailed out by the US Government, along with Fannie Mae
Lobbying
The top three recipients of campaign contributions from Freddie Mac over the last two decades were all Democrats.[2]
No.1 Connecticut Senator Chris Dodd No.2 Illinois Senator Barack Obama No.3 Massachusetts Senator John Kerry
References
- ↑ Blaming Fannie and Freddie, Ben Zimmer, Visual Thesaurus, September 16, 2008
- ↑ White House Fires Back at Times Over Housing Meltdown Story Fox News, December 22, 2008