- CEO
- Kenny Smith
- Full Time Employees
- 7,334
- Sector
- Financial Services
- Industry
- Financial - Mortgages
- Address
- 8200 Jones Branch Drive McLean VA United States of America 22102-3110
- IPO Date
- May 9, 1996
- Business
- Federal Home Loan Mortgage Corporation (Freddie Mac) (Ticker: FMCCI) provides liquidity, stability, and affordability to the U.S. housing market as a government-sponsored enterprise chartered by Congress in 1970 and headquartered in McLean, Virginia. The company acquires residential mortgage loans and mortgage-related securities from qualified originators such as mortgage banks, commercial banks, credit unions, and savings institutions; guarantees conventional residential mortgage-related securities; issues mortgage participation certificates and other investments backed by residential mortgages; and offers hedging instruments, including mortgage options, interest rate swaps, and caps and floors. Freddie Mac operates primarily within the United States, serving lenders, investors, and homeowners across all 50 states, with a focus on single-family and multifamily housing segments targeting low- and moderate-income borrowers, first-time homebuyers, and affordable rental housing providers. No major acquisitions, funding rounds, partnerships, new product launches, or strategic shifts have been publicly announced for Freddie Mac in 2024 or 2025.