History
Freddie Mac (Federal Home Loan Mortgage Corporation) is a government sponsored enterprise. It is a stockholder-owned, publicly-traded company chartered by the United States federal government in 1970. Freddie Mac is regulated by the Office of Federal Housing Enterprise Oversight (OFHEO) in the United States Department of Housing and Urban Development.Mission
The mission of Freddie Mac is to provide liquidity, stability, and affordability to the housing market.Area of Operation
The businesses of Freddie Mac are:- Housing (Single Family and Multifamily)
- Debt Securities
- Mortgage Securities
- Mortgage Purchase
- Credit Guarantee and
- Portfolio Investment Activities
- Vendors and Suppliers
Key Statistics
- Freddie Mac holds assets of $806.22 billion.
- Freddie Mac has made profits of $2.13 billion in 2006.
- Freddie Mac operates in United States of America.
- Freddie Mac has 5,064 employees.
Organization
Leadership of the organization includes:- Chairman and CEO
- Management
- Board of Directors
- Officers
International Ranking
- Freddie Mac ranks 200th in the world according to Forbes Magazine.
- Freddie Mac ranks 154th in Fortune Global 500.
Headquarter Address
Freddie Mac8200 Jones Branch Drive
McLean, VA 22102-3110
USA
Phone: (703) 903-2000
Fax: (703) 903-2239
Website URL: www.freddiemac.com
