• #40 Fortune 1000 Revenue Rank

Federal Home Loan Mortgage Corporation

Freddie Mac
8200 Jones Branch Dr
McLean, VA, 22102-3107  United States
(703) 903-2000
Company Type: Corporation Parent

These siblings know there's no place like home. Government-sponsored enterprises (GSEs) Freddie Mac (officially Federal Home Loan Mortgage Corporation) and Fannie Mae were established to provide liquidity, stability, and affordability to the U.S. housing market. They do so by purchasing mortgages from lenders and packaging them for resale, thereby mitigating risk and allowing lenders to provide mortgages to those who may not otherwise qualify. The agency also provides assistance for rental housing. Freddie Mac generates the vast majority of its revenue from mortgage loans. Due to losses related to the subprime mortgage crisis, the government seized Fannie and Freddie in 2008. Government plans to divest the firms into private ownership have proven difficult; they remain GSEs.

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Financial Statements

Financial data as of December 31, 2019 (12 month period) in USD

Annual Revenue 2019
$14.08 billionUSD

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Company Snapshot

Essential information for a successful call

  •  EMPLOYEES (All Sites) 6,642
  • ASSETS (MIL USD) 2,203,623
  •  SALES (MIL USD) 14,078
  • TICKER SYMBOL FMCC
  • Incorporated 1970
  • FISCAL YEAR END DEC

Get in Touch with 206 Contacts

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  • Donald H Layton
    Chief Executive Officer
  • SARA MATHEW
    Chairman of the Board
  • DAVID M BRICKMAN
    President
  • JAMES G MACKEY
    Executive Vice President and Chief Financial Officer
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Federal Home Loan Mortgage Corporation

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