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Federal Home Loan Mortgage Corporation

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Corporation Parent
Doing Business As
Freddie Mac
Address
8200 Jones Branch Dr McLean ​,  VA , 22102-3107 United States See other locations
Phone
(703) 903-2000
Company Description

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 US 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.

Key Principal
Mark B Grier See more contacts
Ranking
#47 Fortune 1000 Revenue Rank
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Financial Statements

Financial data as of December 31, 2020 (12 month period) in USD

Annual Revenue 2020
$16.66 billion USD

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Company Snapshot

Essential information for a successful call

  • EMPLOYEES (This Site) 5,315
  • EMPLOYEES (All Sites) 6,939
  • ASSETS (MIL USD) 2,627,415
  • REVENUE (MIL USD) 16,659
  • TICKER SYMBOL FMCC
  • Year Started 1970
  • FISCAL YEAR END DEC
  • SALES GROWTH % 18.33%
  • NET INCOME GROWTH 1.55%

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Get in Touch with 8 Principals* and 3,701 Contacts

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  • Mark B Grier
    Chief Executive Officer
  • SARA MATHEW
    Executive Chairman of the Board
  • MICHAEL T HUTCHINS
    President
  • CHRISTIAN M LOWN
    Executive Vice President and Chief Financial Officer

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Federal Home Loan Mortgage Corporation*

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