Federal Home Loan Mortgage Corporation (FREDDIE MAC) 8200 Jones Branch Dr. McLean, Virginia,  22102-3110 Web: www.freddiemac.com

Freddie Mac is a stockholder-owned corporation chartered by Congress to increase the supply of funds that mortgage lenders, such as commercial banks, mortgage bankers, savings institutions and credit unions, can make available to homebuyers and multifamily investors.

Our mission forms the framework for our business lines, shapes the products we bring to market and drives the services we provide to the nation's housing and mortgage industry. Everything we do comes back to making America's mortgage markets liquid and stable and increasing opportunities for homeownership and affordable rental housing across the nation.
Our mission strives to create:

• Stability: Freddie Mac's retained portfolio plays an important role in making sure there?s a stable supply of money for lenders to make the home loans new homebuyers need and an available supply of workforce housing in our communities.
• Affordability: Financing housing for low- and moderate-income families has been a key part of Freddie Mac?s business since we opened our doors 35 years ago. Freddie Mac?s vision is that families must be able both to afford to purchase a home and to keep that home.
• Opportunity: Freddie Mac makes sure there's a stable supply of money for lenders to make the loans new homebuyers need. This gives everyone better access to homefinancing, raising the roof on homeownership opportunity in America. 
• Prosperity: Freddie Mac plays an important role in America?s economy, of which nearly 20% is made up of housing and related industries.

Since 1970 Freddie Mac  has pursued the purpose our Congressional founders set out for us: to provide a continuous and low-cost source of credit to finance America's housing. We achieve this purpose by

• Making mortgage funds available whenever and wherever Americans need them by linking the worldwide capital markets to the U.S. mortgage markets 
•  Providing a continuous, reliable and low-cost flow of mortgage capital to finance housing for the nation's homebuyers and renters
• Bringing the benefits of the market in which we operate?the secondary mortgage market?to families and communities across the nation

Freddie Mac conducts its business primarily by buying mortgages from lenders, packaging the mortgages into securities and selling the securities - guaranteed by Freddie Mac?to investors. Mortgage lenders use the proceeds from selling loans to Freddie Mac to fund new mortgages, constantly replenishing the pool of funds available for lending to homebuyers and apartment owners. Just as stock and bond markets have put investor capital to work for corporations, the secondary mortgage market puts private investor capital to work for homebuyers and apartment owners, providing a continuous flow of affordable funds for home financing.

For the most part, the process is invisible to borrowers and renters. But because Freddie Mac exists, millions of Americans have benefited from lower monthly mortgage payments and better access to home financing. In fact, for 34 years we have opened doors for one in six homebuyers and more than two million renters in America.

Contact Information:

Preston V. Lee, Jr. Director of Corporate Relations and Housing Outreach Federal Home Loan Mortgage Company 8200 Jones Branch Drive, MS 401 McLean, Virginia, 22315 e-mail: preston_lee@freddiemac.com

Corporate Giving/Community Involvement: 

At Freddie Mac, our goal is to bring the benefits of the world's finest housing system to as many of America's families as possible every day. At the heart of our business is a drive to keep money for housing available and loans affordable in communities across the nation. Yet, that's only part of the story.

Freddie Mac reaches beyond the mortgage business to improve the lives of individuals, families, and communities

We reach out to support valuable community-based as well as national partnerships that help revitalize neighborhoods and increase homeownership. This includes partnering with leading organizations such as the National Urban League, National Immigration Forum, and the National Council of La Raza.

Another way we reach out is by helping people understand the relationship between credit and economic opportunity. CreditSmart?, CreditSmart? Espa?ol, Buying and Owning a Home, and Don't Borrow Trouble are our collaborative public education and community-based outreach campaigns. Through them, we help spread the word to consumers about financial literacy, home financing alternatives and predatory lending pitfalls.

Through our extensive philanthropy program ? anchored by the Freddie Mac Foundation ? we support many charitable organizations and civic groups that strengthen families and communities. To date, we've invested more than $280 million to make a difference in people's lives. Freddie Mac's employees participate in our philanthropy through a strong giving and volunteerism program that fosters a culture of caring for each other and for the communities we serve.

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