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
VantageScore unveils mortgage resources to ease the transition to 4.0 credit model
Nov 18, 2024In preparation for widespread credit scoring changes, leading credit-score and data analytics company VantageScore has launched a Mortgage Resource Center to support lenders transitioning to the VantageScore 4.0 credit model.
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FHFA to raise the 2025 multifamily loan caps for Fannie, Freddie by 4%
Nov 18, 2024 -
Fannie and Freddie ‘met or exceeded’ almost all single-family housing goals over four years
Nov 14, 2024 -
Fannie Mae releases updates on leasehold estates, manufactured homes, fraud prevention
Nov 08, 2024 -
Trump’s presidency signals new regulatory era for mortgages
Nov 06, 2024 -
Sonu Mittal on Freddie Mac’s newest moves to lower lender, borrower costs
Nov 01, 2024 -
No undue risk! Freddie Mac’s Sonu Mittal on new buyback remedy, appraisal waiver extensions
Oct 30, 2024 -
FHFA expands fee-based alternative to repurchase loans to all approved lenders
Oct 28, 2024 -
Startup Novaprime debuts AI-powered loan platform to massively cut processing time
Oct 25, 2024 -
One mortgage lender abandons the Florida condo market
Oct 18, 2024
Latest Content News
Breaking barriers: The down payment assistance revolution
Jun 26, 2024 9:30 amFreddie Mac’s DPA One® is transforming the landscape of down payment assistance by centralizing program information and making it easier for housing professionals to help clients. With an intuitive platform and comprehensive resources, DPA One® is set to make homeownership more attainable for many.
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What’s new in QC and Compliance
Jun 11, 2024 9:43 am -
Becoming a seller/servicer with Freddie Mac
Jun 05, 2024 9:25 am -
How the housing ecosystem can empower and educate borrowers about mortgage relief
Nov 14, 2023 2:35 pm -
Freddie Mac’s updates to the ACE+ PDR valuation option
Aug 11, 2023 10:51 am