Freddie Mac engages in mortgage purchasing, credit guarantee, and portfolio investment activities in the United States. The firm purchases single-family and multi-family residential mortgages, and mortgage-related securities from lenders in the primary mortgage market that originates mortgages for homebuyers, including mortgage banking companies, commercial banks, savings banks, community banks, credit unions, state and local housing finance agencies, and savings and loan associations. The firm also buys mortgage loans and mortgage-related securities, and issues guaranteed mortgage-related securities in the secondary market. In addition, Freddie Mac guarantees the payment of principal and interest on mortgage-related securities, including single-family and multi-family, mortgage participation certificates issued by the company, and securities related to tax-exempt multifamily housing revenue bonds.
