What does FWG mean in NYSE SYMBOLS

Purpose of FWG

The Federal Home Loan Mortgage Corporation provides liquidity to the housing market while making sure that borrowers have access to lower cost home loans. It does this by buying mortgages from originators who need short term capital relief in order to lend out more funds for new home purchases or refinancing transactions. This allows mortgages rates to remain competitive by encouraging lending institutions to continue offering competitive rates on home loans while owning MBS securities that earn them a return on their investment.

Benefits of FWG

The Federal Home Loan Mortgage Corporation offers several benefits for borrowers looking for a lower cost home loan than what is typically available on the open market. By purchasing mortgages from lenders and then pooling them together into MBS securities and selling them on the secondary market, they are able encourage lenders to keep their interest rates down so they can continue making profits off of these investments without raising rates for borrowers. In addition, by providing liquidity through MBS securities, they make it easier for originators to fund additional loan originations which helps create jobs throughout the economy. Lastly, their array of services designed specifically towards helping underprivileged individuals become homeowners makes sure that everyone has an equal opportunity at achieving their dreams of achieving a better life through owning a home.