Federal Home Loan Mortgage Corporation (Freddie Mac)

URI: https://gptkb.org/entity/Federal_Home_Loan_Mortgage_Corporation_(Freddie_Mac)
GPTKB entity
Statements (43)
Predicate Object
gptkbp:instanceOf gptkb:state-owned_enterprise
gptkbp:abbreviation gptkb:FHLMC
gptkbp:alsoKnownAs gptkb:Freddie_Mac
gptkbp:assets $3.3 trillion (2022)
gptkbp:competitor gptkb:Federal_National_Mortgage_Association_(Fannie_Mae)
gptkbp:conservatorshipSince 2008
gptkbp:countryOfOrigin gptkb:United_States
gptkbp:founded 1970
gptkbp:foundedBy gptkb:U.S._Congress
gptkbp:headquartersLocation gptkb:Tysons_Corner,_Virginia,_United_States
https://www.w3.org/2000/01/rdf-schema#label Federal Home Loan Mortgage Corporation (Freddie Mac)
gptkbp:industry financial services
mortgage
gptkbp:ISIN US3134003017
gptkbp:keyPerson gptkb:Michael_J._DeVito
gptkb:Sara_Mathew
CEO
gptkbp:legalForm gptkb:company
gptkbp:logo Freddie Mac logo.svg
gptkbp:mission provide liquidity, stability, and affordability to the U.S. housing market
gptkbp:netIncome $9.3 billion (2022)
gptkbp:numberOfEmployees approximately 7,000 (2023)
gptkbp:parentOrganization gptkb:United_States_federal_government
gptkbp:products loan guarantees
mortgage-backed securities
gptkbp:purpose expand the secondary market for mortgages in the US
gptkbp:regulates gptkb:Federal_Housing_Finance_Agency
gptkbp:relatedOrganization gptkb:Federal_National_Mortgage_Association_(Fannie_Mae)
gptkb:Government_National_Mortgage_Association_(Ginnie_Mae)
gptkbp:revenue $84.8 billion (2022)
gptkbp:servesArea gptkb:United_States
gptkbp:services guaranteeing mortgage-backed securities
purchasing mortgages
securitizing mortgages
gptkbp:status conservatorship
gptkbp:stockExchange gptkb:OTC_Markets_Group
gptkbp:stockSymbol gptkb:FMCC
gptkbp:tradedOn gptkb:OTC:_FMCC
gptkbp:type public (government-sponsored enterprise)
gptkbp:website https://www.freddiemac.com/
gptkbp:bfsParent gptkb:John_B._McCoy
gptkb:Federal_Housing_Administration_(FHA)
gptkbp:bfsLayer 6