What If? Realty Florida » Who is Freddie Mac and what do they do?

Who is Freddie Mac and what do they do?

Sep 25th 2008

Freddie Mac’s http://www.freddiemac.com/ mission is to provide liquidity, stability and affordability to the housing market.

Are they fulfilling their mission to create:

Stability: Freddie Mac’s retained portfolio plays an important role in making sure there’s a stable supply of money for lenders to make the home loans new homebuyers need and an available supply of workforce housing in our communities.
Affordability: Financing housing for low- and moderate-income families has been a key part of Freddie Mac’s business since we opened our doors. Freddie Mac’s vision is that families must be able both to afford to purchase a home and to keep that home.
Liquidity: Freddie Mac makes sure there’s a stable supply of money for lenders to make the loans new homebuyers need. This gives everyone better access to homefinancing, raising the roof on homeownership opportunity in America.

This entry was posted on Thursday, September 25th, 2008 at 8:53 am and is filed under Credit & Finance, Government, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.