Federal Home Loan Mortgage Corporation

Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases single-family and multifamily residential mortgage loans originated by lenders as well as invests in mortgage loans and mortgage-related securities. It operates through two segments Single-Family and Multifamily. The Single-Family segment purchases securitizes and guarantees single-family loans; and manages single-family mortgage credit risk as well as manages mortgage-related investments portfolio single-family securitization activities and treasury functions. This segment serves mortgage banking companies commercial banks regional banks community banks credit unions housing finance agencies savings institutions and non-depository financial institutions. The Multifamily segment engages in the purchase securitization and guarantee of multifamily loans; issuance of multifamily K certificates; manages multifamily mortgage credit and market risk; and invests in multifamily loans and mortgage-related securities. It serves banks and other financial institutions insurance companies money managers hedge funds pension funds state and local governments and broker dealers. The company was incorporated in 1970 and is headquartered in McLean Virginia.