Skip to Content
Like Fannie Mae, Freddie Mac is still government controlled. Also like Fannie, it saw a steep decline in profits last year, which were down 22%, even as the lender's top line grew more than 2%. The financials don’t tell the whole story, however. Freddie plays an outsized role in helping millions of Americans own or rent a home, providing nearly $558 billion in liquidity to the mortgage market last year. In 2019, it served nearly 95% of all single-family home lenders in the country—and it's seeing growth with younger families and couples. First-time home buyers represented nearly half of Freddie’s new single-family purchase loans last year.
Andrew Harrer—Bloomberg via Getty Images
Created with sketchtool.Leads, insights, and financial data for the FORTUNE 500, FORTUNE 1000, and Global 500 companies.Purchase Now
Lists ranking Freddie Mac
RANK41
Fortune 500 - 2020This year's Fortune 500 marks the 66th running of ...READ MORE