Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation (FHLMC), is a government-sponsored enterprise (GSE) founded in 1970 to expand the secondary mortgage market in the United States. Its mission is to provide liquidity, stability, and affordability to the U.S. housing market by purchasing mortgages from lenders, packaging them into mortgage-backed securities, and selling them to investors. This process helps ensure that lenders have the capital to offer more home loans, thereby supporting homeownership and rental housing opportunities.
Headquartered in McLean, Virginia, Freddie Mac operates with a workforce of over 7,000 employees and plays a critical role in the U.S. housing finance system. The company is widely recognized for its role in promoting sustainable homeownership and rental housing, as well as for its commitment to responsible lending practices. In recent years, Freddie Mac has focused on expanding affordable housing initiatives, enhancing credit risk management, and leveraging technology to streamline mortgage processes. It remains a key player in the housing finance industry alongside its counterpart, Fannie Mae.
No open positions at Freddie Mac right now. Check back later!
Browse All Jobs →