- Business
- Federal Home Loan Mortgage Corporation (Freddie Mac) (FMCCN) operates as a government-sponsored enterprise in the U.S. secondary mortgage market, purchasing single-family and multifamily residential mortgage loans from lenders, securitizing them into mortgage-backed securities sold to global investors, and guaranteeing principal and interest payments; its core offerings span the Single-Family segment, encompassing Home Possible, HomeOne, Relief Refinance, Construction Conversion and Renovation Mortgages, and Manufactured Home Mortgages, and the Multifamily segment, featuring Optigo loan products for acquisition, refinance, and moderate rehabilitation of multifamily communities, alongside credit guarantees, financing, and investment activities focused on rural housing, manufactured housing, and affordable housing preservation. Headquartered in Tysons, Virginia, and chartered by Congress in 1970, Freddie Mac provides liquidity, stability, and affordability across the United States and its territories, supporting renters, buyers, owners, and low- to moderate-income borrowers without originating loans directly. In recent developments, Freddie Mac Multifamily achieved $66 billion in 2024 production volume, up 34% year-over-year, issued $56 billion in securities through its risk transfer platform, set a 2025 loan purchase cap of $73 billion and a 2026 cap of $88 billion, and introduced a tax-exempt loan CMBS product for municipal investors; the company also maintains conservatorship under the Federal Housing Finance Agency, delivering $8.0 billion net income and $318 billion in market liquidity through September 2025.