Skip to Page Content | Skip to Site Navigation | Skip to Section Navigation

Corporate Facts

About Freddie Mac
Founded By Congress in 1970 to provide liquidity, stability and affordability to the U.S. housing market.
Corporate Headquarters McLean, VA with regional offices in Atlanta, Chicago, Dallas, Los Angeles and New York
Employees 5,100
CEO Donald H. Layton
Stock Trading Market OTCQB (Symbol: FMCC)
Business Lines
President Obama's Making Home Affordable Program
  • Participant in helping homeowners with Freddie Mac-owned mortgages to refinance or modify their mortgages
  • Compliance agent for foreclosure avoidance activities
Regulation & Oversight
  • Regulated by the Federal Housing Finance Agency (FHFA) for safety and soundness, and mission; FHFA placed Freddie Mac into conservatorship in September 2008
  • Statutory and FHFA-directed capital requirements (currently suspended during conservatorship); Treasury providing additional capital as needed to maintain positive net worth
  • Regulated by HUD for fair lending issues
  • U.S. Department of Treasury has approval authority over issuances of notes, debentures, unsecured debt obligations and new types of mortgage-related securities
Community Investments
  • Community investments create and preserve affordable housing, prevent foreclosures, and strengthen communities.
Efforts to Support the Housing Market (Since January 1, 2009)
Liquidity Provided to Market* $2.2 trillion
Number of Homes Financed
  • 2.0 million home purchases
  • 7.7 million refinancings
  • 1.6 million units of multifamily rental housing
Credit Quality of 2013 Loans
(weighted average)
  • 749 average FICO
  • 75% OLTV
Borrowers Who Avoided Foreclosure
Percent Who Retained Their Home
  • 953,000
  • 79%
Single-family Delinquency Rate 2.39%
Multifamily Delinquency Rate 0.09%
Selected Financial Data (Full Year 2013)
Net Income $48.7 billion
Comprehensive Income $51.6 billion
Senior Preferred Stock Purchase Agreement

Cumulative Treasury Draw Request
Cumulative Dividend Paid*

  • $71.336 billion
  • $81.8 billion
Mortgage-Related Investments Portfolio $461 billion

*Includes March 2014 payment


Updated: February 27, 2014

Our Commitment

Our commitment

See how our commitment to you and the nation is moving housing forward.

Back to Top