The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is a government-sponsored enterprise (GSE) that buys mortgages, pools them, and sells them as a mortgage-backed security (MBS) to private investors on the open market. In the wake of the 2008 financial crisis, the Federal Housing Finance Agency (FHFA) placed Freddie Mac and Fannie Mae under the conservatorship of the federal government, where it remains today.
Originally founded in 1970, Freddie Mac is based in Tysons Corner, Virginia.
Latest Freddie Mac News
Freddie Mac expands use of AOLs in selling guide update
May 01, 2024Attorney opinion letters, rather than title insurance, may now be used on most mortgages purchased by the GSE, including condominiums
-
FHFA releases fair lending final rule
Apr 30, 2024 -
CHLA president addresses various consumer protection measures
Apr 25, 2024 -
Freddie Mac’s proposed home equity product could unlock $850B in originations
Apr 19, 2024 -
FHFA annual report highlights GSE actions on affordable housing
Apr 18, 2024 -
Loan buybacks haven’t disappeared, but they are trending down
Apr 18, 2024 -
Proposal would allow Freddie Mac to acquire closed-end second mortgages
Apr 17, 2024 -
GSEs will not count buyer agent commissions in cap on seller concessions
Apr 15, 2024 -
As a ‘higher-for-longer’ rate scenario unfolds, how is the mortgage industry adapting?
Apr 15, 2024 -
State financial regulators and FHFA enter mortgage information sharing agreement
Apr 10, 2024
Latest Content News
How the housing ecosystem can empower and educate borrowers about mortgage relief
Nov 14, 2023 2:35 pmUnforeseen events like COVID-19, natural disasters, inflation and low affordable inventory make mortgage relief awareness critical. A more connected housing ecosystem can provide continuous education and proactive intervention to help overcome mortgage relief challenges.
-
Freddie Mac’s updates to the ACE+ PDR valuation option
Aug 11, 2023 10:51 am -
Freddie Mac’s Resolve default management platform reimagines traditional loss mitigation
Feb 01, 2022 12:02 am -
How Freddie Mac is addressing affordable housing challenges
Sep 17, 2021 10:18 am -
Freddie Mac’s loan servicing solution allows servicers to access essential tools via single sign-on
Feb 01, 2021 12:01 am