Freddie Mac Details

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    Freddie Mac

    McLean, Virginia7819 employees • Financials

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    Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation (FHLMC), is a public government-sponsored enterprise (GSE) headquartered in Tysons Corner, Virginia. The organization's primary mission is to provide liquidity, stability, and affordability to the U.S. housing market, primarily by purchasing residential mortgages from banks and other lenders, pooling them, and selling them as mortgage-backed securities to investors on the open market. Established in 1970 to expand the secondary market for mortgages in the U.S., Freddie Mac operates in the secondary mortgage market, the...
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