Then Congress created a competitor: the Federal Home Loan Mortgage Association, or Freddie Mac.

然后，国会又设立了其竞争对手，即联邦住房抵押贷款公司(房地美)。

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Issuers might find that other sources of funding, such as advances from America's 12 Federal Home Loan Banks, are cheaper.

发行者可能会发现其它来源的债券，比如说美国12家联邦家庭贷款银行的贷款更加便宜。

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Five of the 12 Federal Home Loan Banks, industry-owned co-operatives that lend to mortgage banks, are also pressing claims against the big securitisers.

12家向按揭银行贷款的行业性联合经营的联邦家庭贷款银行也在向这些大型证券承销商索赔。

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Holdings include U.S. Treasuries, Federal National Mortgage Association debt, and Federal Home Loan Mortgage debt.

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C. area benefits from the enormous assets of both Fannie Mae and the Federal Home Loan Mortgage.

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PricewaterhouseCoopers also audits the Federal Home Loan Banks and AIG.

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