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Freddie Mac - FRE- Profile

Website: http://www.freddiemac.com

Phone: +1 703 903-2000
Address:
8200 Jones Branch Drive
McLean, VIRGINIA 22102-3110
Company Description
Freddie Mac. The Group's principal activities are to purchase and finance single-family and multi-family residential mortgages. It also provides mortgage-related services. The Group purchases mortgages from lenders and then pools and packages the mortgages into securities and markets those securities to the investors. The lenders include mortgage banking companies, commercial banks, savings banks, savings and loan associations, credit unions and state and local housing finance agencies. The Group guarantees principal and interests payments on mortgage-backed securities. The operations are carried out in Washington DC, Virginia, Georgia, Illinois, Texas, New York and California. Purchases and finances single-family and multifamily residential mortgages
Key People
Chairman & Chief Executive Richard F. Syron
President & Chief Operating Officer Eugene M. McQuade
Senior Vice President, Secretary & General Counsel Joan E. Donoghue

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Freddie Mac
Purchases, securitizes and invests in home mortgages, providing homeowners and renters with lower housing costs and better access to home financing.
www.freddiemac.com
Products/Services
www.freddiemac.com
Breaking News
International Herald Tribune - 24 minutes ago
when administration officials announced a much more limited plan to help people who had become seriously delinquent on conventional loans guaranteed by Fannie Mae and Freddie Mac, the two government-controlled mortgage finance companies. The plan ...
International Herald Tribune - 1 hour ago
A seven-page questionnaire being sent by the office of President-elect Barack Obama to those seeking cabinet and other high-ranking posts may be the most extensive some say invasive application ever. The questionnaire includes 63 requests for personal ...
CNBC - 3 hours ago
Now matter which area of the market is hurting, Cramer said during Wednesdayâ??s show at the University of Iowa, it all comes back to housing. Cramer was in the Hawkeye State for his latest Back to School Tour stop at Iowaâ??s Henry B. Tippie College of ...
Forbes.com - 4 hours ago
FINANCIAL/USA-FDIC: WASHINGTON (Reuters) - U.S. Treasury Secretary Henry Paulson Wednesday shot down a proposal from a top bank regulator to use the government's $700 billion financial rescue fund to rework mortgages for distressed homeowners, angering ...
MSNBC - 5 hours ago
For all the fury over Treasury Secretary Henry Paulson's $700 billion emergency economic relief fund, it seems downright puny when compared to the running total of the government's response to the credit crisis.According to CreditSights, a research firm ...

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