Federal Home Loan Mortgage Corporation

Freddie Mac is a government-sponsored enterprise chartered by Congress in 1970 to support the U.S. housing finance system. It operates in the U.S. secondary mortgage market by purchasing single-family and multifamily residential mortgage loans from lenders and packaging them into securities sold in global capital markets. Its mission is to provide liquidity, stability, and affordability to the U.S. housing market in all economic environments, helping families rent, buy, and keep homes they can afford.