Tuition Reimbursement: Freddie Mac makes homeownership and rental housing more accessible and affordable.
Operating in the secondary mortgage market, Freddie Mac keeps mortgage capital flowing by purchasing mortgage loans from lenders so they in turn can provide more loans to qualified borrowers.
Our mission to provide liquidity, stability, and affordability to the U.S. housing market in all economic conditions extends to all communities from coast to coast.
The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac, is a public government-sponsored enterprise (GSE), headquartered in Tysons Corner, Virginia. Freddie Mac is ranked No. 38 on the 2018 Fortune 500 list of the largest United States corporations by total revenue.
The FHLMC was created in 1970 to expand the secondary market for mortgages in the US. Along with the Federal National Mortgage Association (Fannie Mae), Freddie Mac buys mortgages on the secondary market, pools them, and sells them as a mortgage-backed security to investors on the open market.
This secondary mortgage market increases the supply of money available for mortgage lending and increases the money available for new home purchases.
The name, “Freddie Mac”, is a variant of the initialism of the company’s full name that had been adopted officially for ease of identification.
Tuition Reimbursement at Freddie Mac is above average in comparison to other companies in our directory.