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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 5,000
CEO Charles E. "Ed" Haldeman, Jr.
Stock Exchange NYSE (listed as "FRE")
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 prevention activities
Regulation & Oversight
  • Regulated by the Federal Housing Finance Agency (FHFA) for safety and soundness, and mission (including annual affordable housing goals); 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 authority over issuances of notes, debentures, unsecured debt obligations and new types of mortgage-related securities
Corporate Citizenship
Key Data (Six Months Ending June 30, 2009)
Total Revenues $8.2 billion
Funding Under Senior Preferred Stock Purchase Agreement with U.S. Treasury $50.7 billion
Investment Portfolio $830 billion
Liquidity Provided to Market* $319 billion
Average Single-Family Loan Size  $211,000
Homes Financed
  • 1.2 million single-family homes
  • 170,000 units of rental housing
Homes Refinanced

1 million
Number of Families Who Avoided Foreclosure 

85,000

*Total mortgage portfolio purchases and issuances

Updated: August 10, 2009

Other Resources

© 2009 Freddie Mac

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