Company Profile for Freddie Mac
Federal Home Loan Mortgage Corporation (Freddie Mac)
| Type | Government-sponsored enterprise & Public company () |
|---|---|
| Founded | 1970 |
| Headquarters | Tysons Corner, Virginia, U.S. |
| Industry | Financial services |
| Key People | Charles E. Haldeman, CEO |
| Products | Credit services Diversified Investments |
ADDITIONAL INFORMATION:
8200 Jones Branch Drive
McLean, VA 22102-3110
703-903-2000
Toll free: 1-800-424-5401
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Freddie Mac Told To Stop Betting Against Struggling Homeowners
By Chris Morran on January 31, 2012 10:30 AM
28 Comments
Yesterday, it was reported that bailed-out mortgage titan Freddie Mac had invested billions in mortgage-backed securities that would really only pay off if struggling homeowners were unable to refinance their high-interest mortgages; investments that appear to put Freddie in direct conflict with its goal of making it easier to own a home. Now the federal regulators in control of Freddie Mac say they have already put a halt to these trades. More »
Freddie Mac Sorta Hoping You Can't Refinance Your Pricey Mortgage
By Chris Morran on January 30, 2012 12:15 PM
10 Comments
Even though the job of bailed-out mortgage backer Freddie Mac is supposed to be about making it easier to own a home, the traders at Freddie have reportedly been buying up investments that put the company at odds with homeowners who want to refinance their pricey mortgages. More »
(stirwise)
Rules Changed To Make Refinancing Your Home Easier
By Chris Morran on October 24, 2011 3:15 PM
52 Comments
With mortgage interest rates continuing to hover near record lows, the Federal Housing Finance Agency has announced big changes to the Home Affordable Refinance Program with the intention of making it easier for homeowners to save money by refinancing their loans at these rock-bottom rates. More »
(coffeego)
30-Year Mortgage Rates Now Lowest Ever, People Still Aren't Buying
By Chris Morran on August 18, 2011 1:50 PM
102 Comments
It's like that scene in Groundhog Day, where Chris Elliott's character enters the Punxsutawney bachelor auction and is greeted by dead silence from the women in the crowd.... Once again, mortgage rates have dropped to record lows while potential home buyers continue to hold off on making a purchase. More »
Mortgage Rates Hit 4-Month Low
By Chris Morran on May 5, 2011 2:32 PM
33 Comments
For those potential home-buyers with enough money for a down payment, it looks like you may want to start scanning the real estate listings. According to Freddie Mac, the average rate on 30-year fixed-rate mortgages has hit a four-month low. More »
Amazon Named Most Reputable Large American Company, Freddie Mac The Least
By Phil Villarreal on April 7, 2011 4:30 PM
59 Comments
According to the consulting firm Reputation Institute, Amazon is the most reputable company in the United States and Freddie Mac is the least. More »
SEC May Go After Former Freddie Mac Chief
By Phil Villarreal on March 16, 2011 10:30 AM
18 Comments
The Securities and Exchange Commission may file a civil action against former Freddie Mac chief executive as it concludes an investigation of Freddie Mac and Fannie Mae's disclosure practices. More »
What Risk Factors Will Make My Mortgage More Expensive?
By Chris Morran on January 18, 2011 4:30 PM
42 Comments
When you're in the market to buy a new home or investment property, it's one thing to get a pre-qualification over the phone and a completely different thing when you later sit down and actually apply for a loan. So before you get too far into the process, you should know which factors could end up inflating the interest rate on your mortgage. More »
Bank Of America Reaches $2.8 Billion Settlement With Fannie Mae & Freddie Mac Over Bad Mortgages
By Chris Morran on January 3, 2011 11:20 AM
12 Comments
The folks at Bank of America continue to feel the sting of all the bad mortgages they acquired when they adopted Countrywide in 2008. The bank has agreed to pay a total of over $2.8 billion to Fannie Mae and Freddie Mac to settle claims over questionable loans sold to the two government-sponsored enterprises. More »
Freddie Mac & Fannie Mae To Take A Break From Evicting During The Holidays
By Chris Morran on December 2, 2010 4:28 PM
15 Comments
There are few things as depressing as having your house taken away from you on Christmas Eve, so the people at Freddie Mac and Fannie Mae are issuing a brief moratorium on evicting people from foreclosed properties during the holiday season. More »
