Freddie Mac

Freddie Mac is a government-sponsored enterprise (GSE) chartered by Congress in 1970 to support the U.S. housing finance system. It operates in the secondary mortgage market, buying loans from lenders and then pooling them into securities that are sold to investors. This process provides liquidity to the mortgage market, helping to keep mortgage capital flowing to homebuyers and homeowners.

Freddie Mac has two primary divisions, Single-Family and Multifamily. The Single-Family division focuses on conventional mortgages for homebuyers, while the Multifamily division focuses on financing apartment buildings. Freddie Mac also has a Capital Markets division, which manages its investments and issues debt securities to fund its operations. In addition to its core business, Freddie Mac is also committed to supporting affordable housing and sustainable homeownership through various initiatives, including the CreditSmart financial education program and the Home Possible mortgage program.

Freddie Mac offers a comprehensive benefits package designed to support employee well-being and cater to a variety of needs. These benefits include competitive salary and bonus structures, employer-sponsored health insurance, generous paid time off, retirement savings plans with company matching contributions, tuition reimbursement programs, and robust employee assistance programs. They also provide a variety of programs and resources promoting employee development, including leadership training, mentorship opportunities, and access to a network of industry experts.

Freddie Mac is a mission-driven company dedicated to supporting the housing market by providing liquidity, stability, and affordability. They work with lenders and sponsors to create, preserve, and rehabilitate affordable housing, increasing opportunities for diverse borrowers and lenders, and promoting a more equitable housing market. Freddie Mac's mission extends to renters, homeowners, and homebuyers, ensuring a reliable and accessible supply of mortgage funds across the country.

Freddie Mac promotes a culture of inclusion and diversity, emphasizing the importance of individual authenticity in the workplace. The company emphasizes their commitment to equitable and sustainable housing opportunities for all, especially those who are traditionally underserved. This mission-driven culture extends to their employees, who are encouraged to work collaboratively and use their unique abilities to make a positive impact.

Freddie Mac's approach to diversity, equity, and inclusion (DEI) is deeply rooted in its mission of making home possible for all. The company recognizes that DEI is not just a business imperative but a fundamental aspect of its work, aiming to foster an inclusive environment for employees and promoting equitable housing opportunities for underserved communities. Freddie Mac's efforts include creating resources for minority- and women-owned businesses, addressing disparities in homeownership through targeted programs, and actively working to expand access to credit for historically underserved communities. This commitment is evident in its Equitable Housing Finance Plan and ongoing efforts to address systemic inequities within the housing market.