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- Freddie_Mac abstract "The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac, is a public government-sponsored enterprise (GSE), headquartered in the Tyson's Corner CDP in unincorporated Fairfax County, Virginia.The FHLMC was created in 1970 to expand the secondary market for mortgages in the US. Along with other GSEs, Freddie Mac buys mortgages on the secondary market, pools them, and sells them as a mortgage-backed security to investors on the open market. This secondary mortgage market increases the supply of money available for mortgage lending and increases the money available for new home purchases. The name, "Freddie Mac", is a variant of the initialism of the company's full name that had been adopted officially for ease of identification (see "GSEs" below for other examples).On September 7, 2008, Federal Housing Finance Agency (FHFA) director James B. Lockhart III announced he had put Fannie Mae and Freddie Mac under the conservatorship of the FHFA (see Federal takeover of Fannie Mae and Freddie Mac). The action has been described as "one of the most sweeping government interventions in private financial markets in decades".Moody's gave Freddie Mac's preferred stock an investment grade rating of A1 until August 22, 2008, when Warren Buffett said publicly that both Freddie Mac and Fannie Mae had tried to attract him and others. Moody's changed the credit rating on that day to Baa3, the lowest investment grade credit rating. Freddie's senior debt credit rating remains Aaa/AAA from each of the major ratings agencies Moody's, S&P, and Fitch.As of the start of the conservatorship, the United States Department of the Treasury had contracted to acquire US$1 billion in Freddie Mac senior preferred stock, paying at a rate of 10% per year, and the total investment may subsequently rise to as much as US$100 billion.Home loan interest rates may go down as a result and owners of Freddie Mac debt and the Asian central banks who had increased their holdings in these bonds may be protected. Shares of Freddie Mac stock, however, plummeted to about one U.S. dollar on September 8, 2008, and dropped a further 50% on June 16, 2010, when the Federal Housing Finance Agency ordered the stocks delisted. In 2008, the yield on U.S Treasury securities rose in anticipation of increased U.S. federal debt.For a comprehensive list of articles discussing Freddie Mac, see Bibliography of Fannie Mae and Freddie Mac.".
- Freddie_Mac assets "1.981E12".
- Freddie_Mac equity "8.827E9".
- Freddie_Mac foundingYear "1970".
- Freddie_Mac industry Financial_services.
- Freddie_Mac keyPerson Chief_executive_officer.
- Freddie_Mac location McLean,_Virginia.
- Freddie_Mac location Tysons_Corner,_Virginia.
- Freddie_Mac location United_States.
- Freddie_Mac netIncome "1.0982E10".
- Freddie_Mac numberOfEmployees "4961".
- Freddie_Mac product Diversified_financial.
- Freddie_Mac revenue "8.064E10".
- Freddie_Mac type Government-sponsored_enterprise.
- Freddie_Mac wikiPageExternalLink snapshot.asp?symbol=FRE.
- Freddie_Mac wikiPageExternalLink index.html?inline=nyt-org.
- Freddie_Mac wikiPageExternalLink hpd_0304_barth.pdf.
- Freddie_Mac wikiPageExternalLink www.freddiemac.com.
- Freddie_Mac wikiPageExternalLink www.freddiemac.com.
- Freddie_Mac wikiPageExternalLink 2002aharfmacnarrative.pdf.
- Freddie_Mac wikiPageExternalLink IBDArticles.asp?artsec=5&issue=20081029.
- Freddie_Mac wikiPageExternalLink 11fannie.html.
- Freddie_Mac wikiPageID "1121653".
- Freddie_Mac wikiPageRevisionID "603196568".
- Freddie_Mac assets "US$ 1.981 trillion".
- Freddie_Mac companySlogan "We make home possible.".
- Freddie_Mac equity "US$ 8.827 billion".
- Freddie_Mac foundation "1970".
- Freddie_Mac hasPhotoCollection Freddie_Mac.
- Freddie_Mac homepage www.freddiemac.com.
- Freddie_Mac industry Financial_services.
- Freddie_Mac keyPeople "Donald Layton, CEO".
- Freddie_Mac location Tysons_Corner,_Virginia.
- Freddie_Mac location United_States.
- Freddie_Mac logo "180".
- Freddie_Mac marketCap "US$ 2.25 billion".
- Freddie_Mac name "Federal Home Loan Mortgage Corporation".
- Freddie_Mac netIncome "US$ 10.982 billion".
- Freddie_Mac numEmployees "4961".
- Freddie_Mac products Diversified_financial.
- Freddie_Mac products Investment.
- Freddie_Mac products "Credit services".
- Freddie_Mac revenue "US$ 80.64 billion".
- Freddie_Mac type Government-sponsored_enterprise.
- Freddie_Mac type Public_company.
- Freddie_Mac wordnet_type synset-company-noun-1.
- Freddie_Mac subject Category:Affordable_housing.
- Freddie_Mac subject Category:Companies_delisted_from_the_New_York_Stock_Exchange.
- Freddie_Mac subject Category:Mortgage_industry_companies_of_the_United_States.
- Freddie_Mac subject Category:Mortgage_industry_of_the_United_States.
- Freddie_Mac subject Category:Organizations_established_in_1970.
- Freddie_Mac subject Category:United_States_government_sponsored_enterprise.
- Freddie_Mac type Abstraction100002137.
- Freddie_Mac type CompaniesDelistedFromTheNewYorkStockExchange.
- Freddie_Mac type Company108058098.
- Freddie_Mac type Group100031264.
- Freddie_Mac type Institution108053576.
- Freddie_Mac type Organization108008335.
- Freddie_Mac type OrganizationsEstablishedIn1970.
- Freddie_Mac type SocialGroup107950920.
- Freddie_Mac type YagoLegalActor.
- Freddie_Mac type YagoLegalActorGeo.
- Freddie_Mac type YagoPermanentlyLocatedEntity.
- Freddie_Mac type Agent.
- Freddie_Mac type Company.
- Freddie_Mac type Organisation.
- Freddie_Mac type Organization.
- Freddie_Mac type Business.
- Freddie_Mac type Organization.
- Freddie_Mac type Agent.
- Freddie_Mac type SocialPerson.
- Freddie_Mac type Thing.
- Freddie_Mac comment "The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac, is a public government-sponsored enterprise (GSE), headquartered in the Tyson's Corner CDP in unincorporated Fairfax County, Virginia.The FHLMC was created in 1970 to expand the secondary market for mortgages in the US. Along with other GSEs, Freddie Mac buys mortgages on the secondary market, pools them, and sells them as a mortgage-backed security to investors on the open market.".
- Freddie_Mac label "Federal Home Loan Mortgage Corporation".
- Freddie_Mac label "Freddie Mac".
- Freddie_Mac label "Freddie Mac".
- Freddie_Mac label "Freddie Mac".
- Freddie_Mac label "Freddie Mac".
- Freddie_Mac label "Freddie Mac".
- Freddie_Mac label "Freddie Mac".
- Freddie_Mac label "Freddie Mac".
- Freddie_Mac label "فريدي ماك".
- Freddie_Mac label "房地美".
- Freddie_Mac label "連邦住宅金融抵当公庫".
- Freddie_Mac sameAs Freddie_Mac.
- Freddie_Mac sameAs Freddie_Mac.
- Freddie_Mac sameAs Federal_Home_Loan_Mortgage_Corporation.
- Freddie_Mac sameAs Freddie_Mac.
- Freddie_Mac sameAs 連邦住宅金融抵当公庫.
- Freddie_Mac sameAs Freddie_Mac.
- Freddie_Mac sameAs Freddie_Mac.
- Freddie_Mac sameAs m.047xs9.
- Freddie_Mac sameAs Q935969.
- Freddie_Mac sameAs Q935969.
- Freddie_Mac sameAs Freddie_Mac.
- Freddie_Mac wasDerivedFrom Freddie_Mac?oldid=603196568.
- Freddie_Mac homepage www.freddiemac.com.
- Freddie_Mac isPrimaryTopicOf Freddie_Mac.
- Freddie_Mac name "Federal Home Loan Mortgage Corporation (Freddie Mac)".