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Wealth Management Glossary

FHLMC FNMA Face Value Fair Market Value (FMV) Federal Home Loan Mortgage Corporation Federal National Mortgage Association Fiduciary Fixed Annuity Fixed-Income Securities Flower Bonds Freddie Mac Free Delivery Free Receipt

Federal Home Loan Mortgage Corporation An independent agency created to aid the secondary residential mortgages sponsored by the Veterans Administration and the Federal Housing Administration. It also works with non-government protected residential mortgages. Also known as FHLMC or Freddie Mac.

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