Freddie Mac - Making the American Dream Possible
Freddie Mac is a stockholder-owned corporation chartered by Congress in 1970 to create a continuous flow of funds to mortgage lenders in support of homeownership and rental housing. Freddie Mac purchases mortgages from lenders and packages them into securities that are sold to investors. By doing so, we ultimately provide homeowners and renters with lower housing costs and better access to home financing. Over the next 10 years, 50 million families will take on new mortgages. Freddie Mac will be there, working with lender customers, as a reliable and affordable source of mortgage financing.
Since it's inception in 1970, Freddie Mac has financed homes for nearly 30 million families equal to one of every six homes in America.
Want to learn more about Freddie Mac? Go to their website at: http://www.freddiemac.com

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