About

Freddie Mac was chartered by Congress in 1970 to support the U.S. housing finance system and help ensure a reliable and affordable supply of mortgage funds across the country. 

We operate in the U.S. secondary mortgage market, purchasing from lenders single-family and multifamily residential mortgage loans. With the money that lenders receive in return, they can make loans to other qualified borrowers. We do not originate mortgage loans or lend money directly to mortgage borrowers.

In most instances, Freddie Mac packages the loans we buy into securities, which are sold in the global capital markets. This transfers interest-rate and liquidity risks to third-party investors.

By providing consistent liquidity to mortgage markets, we enable America’s families to access mortgage loan financing with better terms and support the overall economy. We also help ensure stability in the market during times of crisis.