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Frequently Asked Questions about Freddie Mac

  1. What does Freddie Mac do?
  2. Does Freddie Mac make loans to consumers?
  3. How do I know if Freddie Mac owns my loan? 
  4. How can I find information about Freddie Mac’s foreclosed properties?
  5. What is Freddie Mac doing to support the housing recovery?
  6. How is Freddie Mac helping people to buy a home during the crisis?
  7. What is Freddie Mac doing to protect against another housing recession?
  8. Why is Freddie Mac in conservatorship?
  9. Who regulates Freddie Mac?

  1. What does Freddie Mac do?

    Freddie Mac was chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing. Our statutory mission is to provide liquidity, stability and affordability to the U.S. housing market.
  2. Does Freddie Mac make loans to consumers? 

    No. Freddie Mac does not make loans directly to homebuyers. Our primary business is to purchase loans from lenders to replenish their supply of funds so that they can make more mortgage loans to other borrowers. Learn more about Freddie Mac’s role in helping families own or rent a home.
  3. How do I know if Freddie Mac owns my loan?

    You can find out if Freddie Mac owns your loan by using our self-service loan look-up tool.
  4. How can I find information about Freddie Mac's foreclosed properties?

    HomeSteps is the real estate sales unit of Freddie Mac. HomeSteps® offers a free search and information service for homebuyers and real estate professionals. Freddie Mac also has a limited inventory of apartment properties for sale.

  5. What is Freddie Mac doing to support the housing recovery? 

    Freddie Mac is supporting the nation's housing market by providing a constant stream of mortgage funding that helps America's families buy, refinance, or rent a home. We're also helping to stabilize neighborhoods and communities through homeowner assistance programs, homeowner education, and more.

  6. How is Freddie Mac helping people to buy a home during the crisis?

    One of the most important roles that Freddie Mac plays today is to provide continuous liquidity and keep mortgage funds flowing - financing one out of every four home loans being originated. We’re also educating homebuyers, homeowners and the industry about homebuying in today’s market through our Considering a Home web pages and CreditSmart®, our financial education curriculum, now available online.
  7. What is Freddie Mac doing to protect against another housing recession?

    Since the beginning of the housing crisis, Freddie Mac has strengthened it's credit and eligibility standards to produce better quality loans that foster sustainable homeownership opportunities for America’s families. Our results are paying off and we are committed to supporting a strong housing finance system that serves future generations.
  8. Why is Freddie Mac in conservatorship?

    In September 2008, Freddie Mac was placed into conservatorship in order to help restore confidence in the company, enhance our capacity to fulfill our mission and mitigate the systemic risk that contributed directly to the current instability in the market.

  9. Who regulates Freddie Mac?

    The company is regulated by the Federal Housing Finance Agency.

If you need help with your mortgage, please visit our Mortgage Help Resource Center.

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Freddie Mac and Your Mortgage

Freddie Mac and Your Mortgage

What is Freddie Mac and what is its role in the housing market? View the video to find out.

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