TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

FREDDIE MAC [3 records]

Record 1 2014-04-28

English

Subject field(s)
  • Loans
  • Real Estate
CONT

A non conforming mortgage loan is one that does not conform to Federal National Mortgage Association (FNMA) or Federal Home Loan Mortgage Corporation (FHLMC) guidelines because the amount is too high or because FNMA/FHLMC underwriting or other criteria are not met.

French

Domaine(s)
  • Prêts et emprunts
  • Immobilier
CONT

Deux des plus grandes agences de crédit aux États-Unis-Fannie Mae et Freddie Mac, fixent des plafonds sur le montant des prêts qu'ils donneront à un emprunteur pour une maison. Tout prêt hypothécaire qui exige plus que cela est considéré comme un prêt hypothécaire jumbo. Ils peuvent aussi être appelé un prêt hypothécaire non-conforme.

OBS

Prêt hypothécaire non conforme aux normes habituelles.

Spanish

Save record 1

Record 2 2013-09-10

English

Subject field(s)
  • Real Estate
  • Property Law (civil law)
  • Property Law (common law)
DEF

A mortgage that does not meet the purchase requirements of the two federal agencies, Fannie Mae and Freddie Mac, because it is too large or for other reasons, such as poor credit or inadequate documentation.

Key term(s)
  • nonconforming mortgage
  • non conforming mortgage

French

Domaine(s)
  • Immobilier
  • Droit des biens et de la propriété (droit civil)
  • Droit des biens et de la propriété (common law)
CONT

Une hypothèque non conforme est tout prêt qui ne respecte pas les normes Fannie Mae et Freddie Mac.

Spanish

Save record 2

Record 3 2000-08-15

English

Subject field(s)
  • National Bodies and Committees (Non-Canadian)
  • Financial Institutions
  • Loans
OBS

Government-sponsored corporation owned by FHLMC. Purpose is to purchase qualifying conventional residential mortgages from FHLMC members, which it then packages under its own name and assurances and resells to the public.

French

Domaine(s)
  • Organismes et comités nationaux non canadiens
  • Institutions financières
  • Prêts et emprunts

Spanish

Campo(s) temático(s)
  • Organismos y comités nacionales no canadienses
  • Instituciones financieras
  • Préstamos
DEF

Entidad financiera en EE.UU. [...] que compra préstamos hipotecarios a los prestamistas, que emite títulos-valor respaldados por el conjunto de las hipotecas, con garantías de repago, y que vende los títulos al mercado.

Save record 3

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