Delivering results to your home and the nation’s housing markets.
“As we look to the future, we are squarely focused on serving our mission and meeting the milestones necessary to move the company forward.”
We’ve returned a total of $119.7 billion to taxpayers.
February 2009
Assistance Programs for Struggling Homeowners
Freddie Mac launches the Making Home Affordable program to help borrowers struggling to make their mortgage payment get a loan modification and homeowners who owed more on their mortgage than their home was worth refinance. Through HAMP, HARP and other programs we’ve helped millions of homeowners stay in their homes.
Freddie Mac Multifamily releases the first modern multifamily securitization, known as a K-Deal, which shifts a portion of the risk away from U.S. taxpayers to private investors.
June 2009
Multifamily Risk Transfer Program
January 2010
Borrower Help Centers
Freddie Mac establishes on-the-ground Borrower Help Centers and national phone network with trusted non-profit intermediaries to help homeowners with Freddie Mac-owned mortgages avoid foreclosure. Today, our 14 Borrower Help Centers also work to prepare prospective homebuyers for successful homeownership.
September 2012
Return to Profitability
Freddie Mac’s return to profitability in third quarter of 2012 allows us to pay a $1.8 billion dividend to the U.S Treasury.
July 2013
Single-Family Credit Risk Transfer Program
Freddie Mac launches its Single-Family Structured Agency Credit Risk (STACR?) securitization to transfer credit risk exposure from U.S. taxpayers to private investors. We later introduced additional credit risk transfer offerings, including the Agency Credit Insurance Structure (ACIS?), our insurance-based credit risk sharing vehicle.
Freddie Mac’s total payments to the U.S. Treasury reach nearly $72 billion borrowed.
December 2013
Total Payments to the U.S. Treasury Reaches Amount Borrowed
August 2014
First Non-Performing Loan Sale
Freddie Mac begins to actively reduce less liquid assets from its investment portfolio and completes first non-performing loan sale. We’re now considered an industry leader in innovative sales of non-performing and reperforming loans.
Freddie Mac Multifamily launches innovative Small Balance Loan program to help small rental property owners and provide stability in the market. Since launching the program, we've financed over 350,000 rental units, helping preserve affordable housing nationwide.
October 2014
Small Balance Loan Program
October 2015
LAS Offers Digital Tools for Managing Single-Family Mortgages
Freddie Mac Single-Family introduces Loan Advisor Suite? to give lenders simpler tools, better efficiency, easier navigation, and more reliability for delivering quality loans.
Freddie Mac became the nation’s top multifamily financier in 2015, a distinction it has retained for four consecutive years. In 2018, we financed a record-setting $78 billion in total production, besting our prior record of $73.2 billion set in 2017.
December 2015
Leading Multifamily Lender
December 2016
Single Security and Common Securitization Platform
Freddie Mac begins using the Common Securitization Platform to perform bond administration activities for the majority of its Single-Family fixed-rate mortgage-backed securities. This important milestone paves the way for the go-live of the Single Security Initiative in June 2019, when Freddie Mac and Fannie Mae will begin issuing Uniform-Mortgage Backed Securities (UMBS), through a combined $4 trillion to-be-announced (TBA) market.
January 2017
Single-Family Serious Delinquency Rate Dips Below 1%
Freddie Mac's Single-Family serious delinquency rate —those homeowners more than 90 days past due or in foreclosure — dipped below 1% for the first time in nearly a decade.
Freddie Mac introduces its innovative automated collateral evaluation (ACE) that offers an automated appraisal alternative that can save borrowers an average of $500 on the cost of an appraisal and provides lenders more peace of mind when they sell the loan to Freddie Mac.
In reaching this milestone, Freddie Mac’s risk transfer transactions greatly reduce the company’s and the U.S. taxpayer’s exposure to risk. Freddie Mac currently securitizes about 90 percent of the Multifamily mortgages it purchases through the K- and SB-Deal programs.
May 2017
Innovative Appraisal Alternative
June 2017
Multifamily $200 Billion in Risk Transfer Milestone
February 2018
Mortgage-Related Investments Portfolio Drops Below $250 Billion
Freddie Mac’s total mortgage-related investments portfolio drops from over $867 billion in March 2009 to $247 billion as of February 2018, below the 2018 year-end Purchase Agreement cap of $250 billion. The portfolio has further declined to $236 billion as of the end of the second quarter of 2018.
Thanks to strong underwriting, Freddie Mac Multifamily’s delinquency rate drops to 0.01%, a historic low.
Freddie Mac announces that we have transferred a significant portion of mortgage credit risk to private investors on more than $1 trillion of single-family mortgages. Combined, we have transferred a portion of risk on $1.6 trillion in Single-Family and Multifamily mortgages away from taxpayers.
With this milestone, we helped make homeownership a reality for more than 270,000 low- to moderate-income families.
May 2018
Historically Low Multifamily Delinquency Rate
June 2018
Single-Family $1 Trillion Credit Risk Transfer Milestone
November 2018
$50 Billion Home Possible Mortgage Milestone
June 2019
Uniform Mortgage-Backed Security (UMBS) Goes Live
Merging Freddie Mac and Fannie Mae To-Be-Announced MBS markets into a single $4 trillion market - the second largest bond market in the world.
Freddie Mac Multifamily celebrates 10 years of K-Deals, the first modern multifamily securitization. Since its inception in 2009, more than $300 billion in loans have been securitized. By shifting a portion of our risk to the private sector, we’re helping to build a stronger company and protect taxpayers.
Through these and other milestones Freddie Mac is helping to build a better housing finance system for the nation. A steady stream of improvements and strong business fundamentals are key drivers in this transformation.
June 2019
K-Deals 10-Year Anniversary
July 2019
A Better Freddie Mac, A Better Housing Finance System
Our asset and income modeler provides a more reliable and efficient financing experience for lenders and borrowers.
UMBS has traded more than $18 trillion since March 2019 — the second largest bond market in the world.
Investing in LIHTC is a priority for us — making more affordable homes a reality for renters across the country.
Since our credit risk transfer program began in 2009, we’ve added new products to meet the increasing demand from over 800 investors.
We're focused and investing in technology that's lowering costs across the housing industry, while helping to serve more families.
We're committed to serving the industry by building a better and more sound housing finance system.
We're working closely with our customers to meet their needs and help them remain strong and competitive.