 |
 |
 |
For Immediate Release April
08,
2004
FREDDIE MAC PROVIDES QUARTERLY FUNDING ANNOUNCEMENT & SUMMARY
McLean, VA – Freddie Mac (NYSE: FRE) today provided the Freddie
Mac Quarterly Funding Announcement & Summary "We are pleased to publish our Freddie Mac Quarterly Funding Announcement & Summary for the second quarter. By adhering to our financing plans presented in our quarterly announcement, we are able to provide our debt investors with a transparent and predictable source of investment opportunities," said Louise Herrle, Freddie Mac's treasurer, vice president, and head of Global Debt Funding. "In addition to announcing our funding plans for the current quarter, our quarterly announcement summarizes the prior quarter's funding activities. During the first quarter of 2004, our callable debt products continued to provide funding and important risk mitigation capabilities, enabling us to fulfill our housing mission," Herrle said. This announcement is neither an offer to sell nor a solicitation of offers to buy any of these securities. Any such offering will be made only by an offering circular and pricing supplement. Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to support homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage passthrough securities and debt instruments in the capital markets. Over the years, Freddie Mac has opened doors for one in six homebuyers and more than two million renters in America. ###
|
|
|