Federal Home Loan Mortgage Corporation

Federal Home Loan Mortgage Corporation

Federal Home Loan Mortgage Corporation provides assistance for affordable rental housing. Together, Fannie and Freddie guarantee some 70% of all new home loans in the US. Due to losses related to the subprime mortgage crisis, the federal government seized both Fannie and Freddie in September 2008.These siblings know there's no place like home. Government-sponsored enterprises Freddie Mac (officially Federal Home Loan Mortgage Corporation) and Fannie Mae were established to buy residential mortgages and boost the nation's 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.

Contact Details

Office Address

Federal Home Loan Mortgage Corporation
8200 Jones Branch Dr.
McLean, VA, USA 22102
Phone: (703) 903-2000
Fax: (703) 903-4045

Executives

CEO and Director

Charles E. (Ed) Haldeman Jr.

CFO

Ross J. Kari

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