About Federal Home Loan Mortgage Corporation
Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. Established in 1970 and headquartered in McLean, Virginia, the company plays a key role in the housing finance system.
Business Segments
The company operates through two primary segments:
- Single-Family Segment: Purchases, securitizes, and guarantees single-family loans. It also manages mortgage credit risk, investments, and treasury functions. Key clients include mortgage banking firms, commercial banks, credit unions, and non-depository institutions.
- Multifamily Segment: Focuses on multifamily loans through purchasing, securitization, and guarantees. It issues multifamily K certificates and manages related credit and market risks. This segment serves banks, insurance companies, REITs, and institutional investors.
Client Base
Federal Home Loan Mortgage Corporation serves a diverse range of financial institutions, including:
- Banks and depository institutions
- Insurance companies and money managers
- Pension funds and central banks
- REITs and non-depository institutions