Meet some of Freddie Mac's diverse suppliers and learn first-hand about their experiences doing business at Freddie Mac. Find out how they've worked with Freddie Mac's supplier diversity program to help them expand their business opportunities.
“Freddie Mac has an incredibly diverse workforce — the most diverse of all our clients.The company has a real commitment to teaching people how to work effectively across cultures.”
Cook Ross, a women-owned consulting firm, has provided diversity training at Freddie Mac since 2006, serving more than 1,400 employees.
Cook Ross focuses on reinventing diversity for the 21st century to create sustainable change at companies. The relationship began when Freddie Mac asked Cook Ross to build its forward looking perspective into a diversity course for managers.
The customized approach emphasizes business results and explores globalism, cultural intelligence, and flexibility. It also highlights individual tendencies toward bias and unconscious organizational patterns that impact the way employees, vendors and customers — from different cultures, ages and backgrounds — relate to each other.
“I learn something every time I lead a class because of the diversity that’s in the room at Freddie Mac. And I find that people in the classroom see themselves and others in a new light because of the training. That leads to positive change across the organization,” says Leslie Traub, Cook Ross president.
Chairman & CEO
“Freddie Mac is one of the strongest supplier diversity relationships we have.”
For a decade, The BOSS Group, a women-owned staffing firm specializing in creative, marketing, and interactive talent, has worked with Freddie Mac to meet its communications staffing needs. This relationship has grown significantly over the years with the help of Freddie Mac’s Supplier Diversity team.
“The time and effort the Supplier Diversity team puts in to help us as vendors — you rarely see that. They are our advocates at all levels of the company,” says Linda Wein, The BOSS Group’s chairman and CEO.
Wein credits Freddie Mac supplier diversity events for opening doors for BOSS to pursue new opportunities with Freddie Mac, as well as with other companies. The Supplier Diversity team has helped pave the way for clear and open communication with procurement and hiring managers, she notes.
“The events provide us with an opportunity to meet people that can make a real difference to us. You have access to real people, not just an online database,” says Wein. “This network is fundamental to how I do business.”
“Our relationship gave us the necessary exposure, affording important opportunities to showcase our wares and earn the business.”
CastleOak Securities is a minority-owned, boutique investment bank that has been in operation for seven years — focusing on capital markets. CEO David Jones says the relationship with Freddie Mac’s Supplier Diversity team was critical to the growing firm.
CastleOak’s ability to deliver — to place and sell Freddie Mac securities — has led to even more business at Freddie Mac and other companies. The firm is the first minority-owned company to place Freddie Mac Multifamily mortgage-backed securities.
Jones says Freddie Mac helped CastleOak “identify areas where we could add value and build our business. Without that exposure, I’m not sure how successful we would have been.” He notes they were given the same access as large firms.
“What is unique about Freddie Mac’s Supplier Diversity program is the incredible access it provides to key decision-makers across the company,” Jones adds. “We feel like we are treated as a trusted advisor and not just another supplier.”
“Freddie Mac helped us expand and become a valued partner to numerous corporations in the financial services industry.”
DISYS has enjoyed a nearly 10-year relationship with Freddie Mac providing consultants for Technology Services, Business Services, and Delivery Services. This minority-owned firm is highly rated in the areas of minority supplier status, account management, and consultant retention.
DISYS offers a wealth of experience and expertise with the ability to staff a variety of positions including project managers, security specialists, test engineers, as well as business, data, and systems analysts and Java, PeopleSoft, and webMethods developers.
“Early in the relationship, Freddie Mac became one of DISYS’ key accounts, and Freddie Mac’s Supplier Diversity program helped DISYS thrive,” says CEO Mahfuz Ahmed.
DISYS’ ability to recruit and retain quality talent — based on an understanding of Freddie Mac’s technical environment and culture — has allowed it to deliver quality, service, and value via a speed-to-hire approach that delivers cost efficiencies for volume work.
President & CEO
“Supplier Diversity helped us get our contract executed — often a big barrier to entry at companies.”
Through Freddie Mac’s Supplier Diversity program, this women-owned staffing company first got its foot in the door at Freddie Mac — and its marketing specialists hired — more than a decade ago.
President and CEO of McKinley Marketing Partners Michelle Boggs also credits her firm’s involvement in the regional Women Presidents’ Educational Organization (WPEO) — and Freddie Mac’s relationship with WPEO — as helping to drive business and create new opportunities.
“Having a clear advocate and a direct line to people who need our services is vital,” Boggs notes. Women-owned businesses are often smaller, so developing a relationship with Supplier Diversity acts as an equalizer and another point of entry to showcase services. “The relationship we’ve developed with Freddie Mac and its Supplier Diversity program has helped open doors for us and grow our business,” says Boggs.
President & CEO
“Having Freddie Mac as my first client gave me the ability to have a nationwide impact from the start.”
VRM, a leading real estate asset management company nationwide, oversees real estate sales for Freddie Mac’s real estate-owned division, HomeSteps®.
“This has been a great relationship for me as my philosophy around community stabilization is aligned with Freddie Mac,” says Keith Murray, President and CEO of VRM. Murray also heads PCV Murcor, Real Estate Services, which has a vendor relationship with HomeSteps to provide valuation services.
“Being a part of Freddie Mac’s Supplier Diversity program is a testament that minority-owned businesses can be effective with a large volume of business,” says Murray.
VRM and PCV combined employ more than 500 people, and handle real estate sales and valuations for more than 100,000 properties every year. The companies have Supplier Diversity programs, as well as a philanthropic arm that focuses on homeownership.
"A strong supplier diversity program helps Freddie Mac’s business and allows us to more effectively meet the needs of all the communities we serve."
– Donald H. Layton, Chief Executive Officer