Provides mortgage financing services
Federal Home Loan Mortgage Corp. provides liquidity, stability and affordability to the U.S. housing market primarily by providing credit guarantee for residential mortgages originated by mortgage lenders and investing in mortgage loans and mortgage-related securities.
The company conducts business in the U.S. residential mortgage market and the global securities market under the direction of Conservator, FHFA and under regulatory supervision of FHFA, the SEC, HUD and Treasury.
It operates through the following business segments: Single-family Guarantee, Investments and Multifamily.
The Single-Family Guarantee segment reflects results from the company's single-family credit guarantee activities.
In this segment, the company purchases single family mortgage loans originated by its seller/servicers in the primary mortgage market.
The Investments segment reflects results from the company's investment, funding and hedging activities.
In this segment, the company invests principally in mortgage assets funded by debt issuances and hedged using derivatives.
The Multifamily segment reflects results from the company's investments and guarantee activities in multifamily mortgage loans and securities.
Its new purchases of multifamily mortgage loans are primarily made for purposes of aggregation and then securitization, which supports the availability of financing for multifamily properties.
Federal Home Loan Mortgage was founded on July 24, 1970 and is headquartered in McLean, VA.