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{{Short description|American government-sponsored enterprise}}{{About||the boxer|Freddie Mack}}
{{Short description|American government-sponsored enterprise}}
{{Infobox company
| name = Federal Home Loan Mortgage Corporation (Freddie Mac)
| logo = FreddieMacLogo.svg
| logo_size =
| type = [[Government-sponsored enterprise]] and [[public company]]
| traded_as = {{OTCQB|FMCC}}
| foundation = {{start date and age|1970}}
| location = [[Tysons, Virginia]], U.S.<br>([[McLean, Virginia|McLean]] mailing address)
| key_people = {{unbulleted list
  | Lance Drummond ([[Chairperson#Non-executive chairperson|Non-Executive Chair]])
  | Diana Reid ([[CEO]])
  }}
| services =
| industry = [[Financial services]]
| products = [[Mortgage-backed securities]]
| revenue = {{decrease}} {{US$|21.264 billion|link=yes}} {{small|(2022)}}
| net_income = {{decrease}} {{US$|9.327 billion}} {{small|(2022)}}
| assets = {{increase}} {{US$|3.208 trillion}} {{small|(2022)}}
| equity = {{increase}} {{US$|37.018 billion}} {{small|(2022)}}
| num_employees = 7,799 {{small|(January 31, 2023)}}
| homepage = {{URL|https://www.freddiemac.com|freddiemac.com}}
| footnotes = <ref name="10-K 2022">{{cite web |url=https://www.freddiemac.com/investors/financials/pdf/10k_022223.pdf |title=Federal Home Loan Mortgage Corporation 2022 Annual Report (Form 10-K)  |date=February 22, 2023 |access-date=June 10, 2023}}</ref><ref>{{cite press release |title=Lance F. Drummond Elected Chair of Freddie Mac |url=https://freddiemac.gcs-web.com/news-releases/news-release-details/lance-f-drummond-elected-chair-freddie-mac |location=McLean, VA |publisher=Freddie Mac |agency=Globe Newswire |date=November 7, 2023 |access-date=March 15, 2024}}</ref>
}}
 
The '''Federal Home Loan Mortgage Corporation''' ('''FHLMC'''), commonly known as '''Freddie Mac''', is an American [[publicly traded]],  [[government-sponsored enterprise]] (GSE), headquartered in [[Tysons, Virginia|Tysons]], [[Virginia]].<ref name="TysonsMap">"[http://factfinder.census.gov/servlet/MapItDrawServlet?geo_id=16000US5179952&_bucket_id=50&tree_id=420&context=saff&_lang=en&_sse=on Tysons Corner CDP, Virginia] {{webarchive |url=https://web.archive.org/web/20111110181002/http://factfinder.census.gov/servlet/MapItDrawServlet?geo_id=16000US5179952&_bucket_id=50&tree_id=420&context=saff&_lang=en&_sse=on |date=2011-11-10}}". [[United States Census Bureau]]. Retrieved on May 7, 2009.</ref><ref>"[http://www.freddiemac.com/corporate/about/contactus.htm Contact Us] {{webarchive |url=https://web.archive.org/web/20090514133503/http://www.freddiemac.com/corporate/about/contactus.htm |date=2009-05-14}}". Freddie Mac. Retrieved on May 12, 2009.</ref> The FHLMC was created in 1970 to expand the [[secondary market]] for [[Mortgage loan|mortgages]] in the US. Along with its sister organization, the Federal National Mortgage Association ([[Fannie Mae]]), Freddie Mac buys mortgages, pools them, and sells them as a [[mortgage-backed security]] (MBS) to private 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 FHLMC [[Acronym and initialism|initialism]] of the company's full name that was adopted officially for ease of identification.
The '''Federal Home Loan Mortgage Corporation''' ('''FHLMC'''), commonly known as '''Freddie Mac''', is an American [[publicly traded]],  [[government-sponsored enterprise]] (GSE), headquartered in [[Tysons, Virginia|Tysons]], [[Virginia]].<ref name="TysonsMap">"[http://factfinder.census.gov/servlet/MapItDrawServlet?geo_id=16000US5179952&_bucket_id=50&tree_id=420&context=saff&_lang=en&_sse=on Tysons Corner CDP, Virginia] {{webarchive |url=https://web.archive.org/web/20111110181002/http://factfinder.census.gov/servlet/MapItDrawServlet?geo_id=16000US5179952&_bucket_id=50&tree_id=420&context=saff&_lang=en&_sse=on |date=2011-11-10}}". [[United States Census Bureau]]. Retrieved on May 7, 2009.</ref><ref>"[http://www.freddiemac.com/corporate/about/contactus.htm Contact Us] {{webarchive |url=https://web.archive.org/web/20090514133503/http://www.freddiemac.com/corporate/about/contactus.htm |date=2009-05-14}}". Freddie Mac. Retrieved on May 12, 2009.</ref> The FHLMC was created in 1970 to expand the [[secondary market]] for [[Mortgage loan|mortgages]] in the US. Along with its sister organization, the Federal National Mortgage Association ([[Fannie Mae]]), Freddie Mac buys mortgages, pools them, and sells them as a [[mortgage-backed security]] (MBS) to private 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 FHLMC [[Acronym and initialism|initialism]] of the company's full name that was adopted officially for ease of identification.


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