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Statement by Freddie Mac on the Homeowner Affordability and Stability Plan

For Immediate Release

February 18, 2009
Contact: corprel@freddiemac.com
or (703) 903-3933


McLean, VA – Freddie Mac is pleased to support President Obama's Homeowner Affordability and Stability Plan. We look forward to working with the Administration and we are eager to play our role in this important effort to keep millions of families in their homes and help stabilize the nation's housing markets.

For more information on the Homeowner Affordability and Stability Plan, go to www.financialstability.gov.

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation’s residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.

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