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Like its sister government-backed entity, Fannie Mae, Freddie Mac played a major role in ensuring the U.S. housing market continued to function amid an unprecedented pandemic. The company provided approximately $1.2 trillion in liquidity to the mortgage market in 2020, in the process financing nearly 3.8 million single-family home loans—including 2.7 million refinancings that enabled homeowners to capitalize on record-low interest rates. While the pandemic contributed to a nearly 12% drop in Freddie’s revenues last year, profits remained resilient and climbed nearly 2% in 2020.
Lists ranking Freddie Mac
Global 500 - 2021Total revenue for the world’s biggest companies fe...READ MOREview in list
Fortune 500 - 2021This year’s Fortune 500 marks the 67th running of ...READ MOREview in list