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For Immediate Release July
09,
2004
FREDDIE MAC PROVIDES QUARTERLY FUNDING ANNOUNCEMENT & SUMMARYMcLean, VA – Freddie Mac (NYSE: FRE) today provided the Freddie Mac Quarterly Funding Announcement & Summary [PDF 205K ], detailing expected funding activity for the third quarter of 2004 and actual funding activity for the second quarter of 2004. "Freddie Mac's disciplined approach to liability management in an environment of slower retained portfolio growth is reflected in our reduced issuance plans for this quarter," said Louise Herrle, Freddie Mac's treasurer, vice president, and head of Global Debt Funding. 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 fulfills its mission by purchasing residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has opened doors for one in six homebuyers in America. ###
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