Freddie Mac

E67169

Freddie Mac is a U.S. government-sponsored enterprise that buys and securitizes residential mortgages to support liquidity and stability in the housing finance market.


Statements (44)

Predicate Object
instanceOf government-sponsored enterprise
public company
secondary mortgage market institution
abbreviation Federal Home Loan Mortgage Corporation
surface form: FHLMC
alsoKnownAs Freddie Mac
conservatorshipStartDate 2008
country United States of America
surface form: United States
createdByAct Emergency Home Finance Act of 1970
focusesOn conventional residential mortgages
founded 1970
foundedBy United States Congress
fullName Federal Home Loan Mortgage Corporation
hasCounterpart Fannie Mae
hasWebsite https://www.freddiemac.com
headquartersCountry United States of America
surface form: United States
headquartersLocation McLean, Virginia NERFINISHED
industry financial services
mortgage finance
securitization
legalForm government-sponsored enterprise
listedOn New York Stock Exchange
mission to provide liquidity, stability, and affordability to the U.S. housing market
operatesInMarket secondary mortgage market
parentOrganization United States government
surface form: United States federal government (implicit sponsorship)
placedIntoConservatorshipBy Federal Housing Finance Agency
portfolioType multifamily mortgages
single-family mortgages
primaryRole buying residential mortgages from lenders
providing liquidity to the mortgage market
securitizing residential mortgages
supporting stability in the housing finance system
product credit guarantees on mortgage pools
guaranteed mortgage-backed securities
mortgage-backed securities
regulator Federal Housing Finance Agency
sector housing finance
sponsoredBy United States government
subjectTo U.S. federal housing policy
supervisedBy Federal Housing Finance Agency
supports U.S. housing market
targetBorrowerSegment homeowners
multifamily housing borrowers
tickerSymbol FMCC
typeOfGuarantee credit guarantee on principal and interest of certain mortgage-backed securities

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.