Difference between revisions of "Freddie Mac"
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*'''[http://www.freddiemac.com/bios/exec/index.html Officers]''' | *'''[http://www.freddiemac.com/bios/exec/index.html Officers]''' | ||
| − | *Federal Home Loan Mortgage Corporation Act, Sec. 301. [12 U.S.C. note to | + | *Federal Home Loan Mortgage Corporation Act, Sec. 301. [12 U.S.C. note to 1451.] |
| − | 1451.] | ||
== Contact == | == Contact == | ||
Revision as of 04:29, 22 November 2003
Freddie Mac is "a stockholder-owned corporation chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage pass through securities and debt instruments in the capital markets. By doing so, we ultimately help homeowners and renters get lower housing costs and better access to home financing." Also see Mission.
- Federal Home Loan Mortgage Corporation Act, Sec. 301. [12 U.S.C. note to 1451.]
Contact
HEADQUARTERS I
8200 Jones Branch Drive
McLean, VA 22102-3110
(703) 903-2000
Other Related SourceWatch Resources
External Links
Headlines
- 21 November 2003: "Freddie Mac Inflated Earnings by About $1B" by Marcy Gordon, AP: "Mortgage giant Freddie Mac admitted Friday inflating 2001 earnings by nearly $1 billion, the first acknowledgment in its months-long accounting crisis that it overstated profits."
