How do I contact Freddie Mac?
Phone: 1 (800) FREDDIE or (800) 373-3343, press #2 for a customer service representative.
Where is Freddie Mac headquarters located?
Virginia, United States
Freddie Mac/Headquarters
How many offices does Freddie Mac have?
13 office locations
Freddie Mac is headquartered in McLean, VA and has 13 office locations across 1 country.
Is Freddie Mac guaranteed by the government?
Freddie Mac (the Federal Home Loan Mortgage Corporation) is similar to Fannie Mae in that it is also sponsored by the U.S. government and is owned by stockholders. It does not issue MBSs, and its guarantees are backed by the full faith and credit of the U.S. government.
Is Freddie Mac conventional or FHA?
Conventional loans are also called conforming loans because they conform to Fannie Mae and Freddie Mac standards. Fannie Mae and Freddie Mac are government-created enterprises that buy mortgages from lenders and hold the mortgages or turn them into mortgage-backed securities.
Is Freddie Mac a good company?
On average, employees at Freddie Mac give their company a 4.0 rating out of 5.0 – which is 3% higher than the average rating for all companies on CareerBliss. The happiest Freddie Mac employees are Technical Analysts submitting an average rating of 4.3 and Information Security Analysts also with a rating of 4.3.
Is Freddie Mac an FHA loan?
Frequently asked questions about Fannie Mae and Freddie Mac Is Fannie Mae the FHA? No. The Federal Housing Administration is a government agency that insures loans made by lenders to borrowers with low to moderate incomes.
Why did my loan get sold to Freddie Mac?
Freddie Mac increases the amount of money available for making mortgages by buying them up and reselling them. When a bank makes a block of mortgages that meet Freddie Mac’s standards — called “conforming loans” — it can turn around and sell them to Freddie.
Is my mortgage backed by Fannie or Freddie?
You may contact your servicer (often your bank or lender) to verify that your mortgage loan is owned or guaranteed by Fannie Mae or Freddie Mac, or you may verify it yourself by accessing the Making Home Affordable website.
What’s it like to work at Freddie Mac?
Great people, outstanding benefits, solid work life balance in many areas, but does depend on the manager. Many opportunities to grow, if you network and ask. Great self-serve training opportunities. Freshly redesigned campus–modern and affluent feel.
Does Freddie Mac give bonuses?
Fannie and Freddie executives receive salaries, bonuses and other forms of compensation for their work, including deferred salary, which is tied to the company’s performance and is usually paid after one year with the companies.
What is the minimum credit score for a Freddie Mac loan?
660 or higher
According to Freddie Mac’s requirements, you’ll need a FICO score of 660 or higher to qualify for a Home Possible loan.
How to contact Freddie Mac in McLean VA?
1551 Park Run Drive, MS D5O. McLean, VA 22102. Phone: (800) 336-3672. Email: [email protected]. Giant PCs, Giant MBS and Supers Execution. Single-class Issuance. Email: [email protected]. Strip, REMIC, Subprime, Callable, Re-REMIC, Guaranteed Final and other newly structured product execution. Multiclass Transaction Management.
Who is Freddie Mac and what does it do?
Freddie Mac, one of the biggest buyers of home mortgages in the United States, is considered a secondary market conduit between mortgage lenders and investors. View our informational video to learn more about what we do and how we do it.
How to contact a representative of Freddie Mac?
Contact your account representative, the Freddie Mac Customer Support Center at 800-FREDDIE, or send an email to [email protected].
Where is the headquarters of Freddie Mac located?
Footnotes / references. The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac, is a public government-sponsored enterprise (GSE), headquartered in Tysons Corner, Virginia.