Freddie Mac

  www.freddiemac.com
  www.freddiemac.com

Freddie Mac – Why Work For Us?

Freddie Mac was chartered by Congress in 1970 with a public mission to stabilize the nation's residential mortgage markets and expand opportunities for homeownership and affordable rental housing. Our statutory mission is to provide liquidity, stability and affordability to the U.S. housing market.

We participate in the secondary mortgage market by purchasing mortgage loans and mortgage-related securities for investment and by issuing guaranteed mortgage-related securities, principally those we call PCs. The secondary mortgage market consists of institutions engaged in buying and selling mortgages in the form of whole loans (i.e., mortgages that have not been securitized) and mortgage-related securities. We do not lend money directly to homeowners.

The Current Landscape

Freddie Mac is operating under a conservatorship that began on September 6, 2008, conducting our business under the direction of the Federal Housing Finance Agency (FHFA).

We are focused on meeting the urgent liquidity needs of the U.S. residential mortgage market, lowering costs for borrowers and supporting the recovery of the housing market and U.S. economy. By continuing to provide access to funding for mortgage originators and, indirectly, for mortgage borrowers and through our role in the federal Making Home Affordable program, we are working to

  • Meet the needs of the mortgage market by making homeownership and rental housing more affordable
  • Reduce the number of foreclosures
  • Help families keep their homes and obtain more sustainable mortgages

Freddie Mac is both mindful and appreciative of the federal financial support we have received, and as an institution in conservatorship, we are highly focused on being good stewards of this support.

Freddie Mac Reviews

368 Reviews
3.3
368 Reviews
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Freddie Mac CEO Donald H. Layton
Donald H. Layton
101 Ratings
  1. 1 person found this helpful  

    The work was often interesting and exciting, rarely boring, and the atmosphere was generally positive.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Freddie Mac full-time (more than 10 years)

    Pros

    Employees were often long-serving, meaning there was a wealth of experience and corporate knowledge which was very helpful when dealing with new issues or problems. Despite the troubles the company faces in the wake of the recent economic and housing finance crisis, employees remained upbeat and worked hard to find solutions. Company policy was admirably flexible on matters such as alternative work arrangements (teleworking, etc,).

    Cons

    Promotion prospects were very limited, at least in my division. There was a lack of transparency concerning the departure of senior executives, which left people concerned about hidden problems affecting the company. The uncertainty as to the future of the company, following the 2008 conservatorship, was troubling to many employees because it put many people in doubt as to their career prospects.

Freddie Mac Interviews

Updated 11 Nov 2014
Updated 11 Nov 2014

Interview Experience

Interview Experience

63%
19%
17%

Getting an Interview

Getting an Interview

38%
33%
9%

Interview Difficulty

2.8
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Finance Rotation Analyst Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through college or university. The process took 6 weeksinterviewed at Freddie Mac in November 2014.

    Interview Details

    First round phone interview second round at the headquarters in their DC office. The second round of interviews consisted of an accounting case study and two 45 minute interviews. We were also given a tour of the campus and a chance to ask analysts questions

    Interview Questions
    Accepted Offer
    Positive Experience
    Easy Interview

Freddie Mac Awards and Accolades

Something missing? Add an award
Best Places to Work for LGBT Equality, Human Rights Campaign, 2012
Best Places to Work for LGBT Equality, Human Rights Campaign, 2010
Best Companies for Multicultural Women, Working Mother, 2012
Diversity Elite 60, Hispanic Business, 2009
Top Intern Employers, CollegeGrad, 2009
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Additional Info

Website www.freddiemac.com
Headquarters Mc Lean, VA
Size 5000+ Employees
Founded 1970
Type Company - Public
Industry Finance
Revenue $10+ billion (AUD) per year
Competitors Sallie Mae, Fannie Mae

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily... More

Mission: Freddie Mac helps people own, rent, and keep their homes by providing liquidity, stability and affordability to the nation's residential mortgage markets.

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Freddie Mac

 
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