Freddie Mac is celebrating its 50-year anniversary this week. Since it’s inception in 1970 Freddie Mac has utilized $10 trillion for loan funding over the past 50 years. Of this $10 trillion, $9.8 trillion has been used for single-family home mortgage loan funding while the remaining has been used for multifamily rental units. The founding documents of Freddie Mac called for it to provide liquidity, stability, and affordability to the U.S. housing market no matter the economic climate. Despite the current economic conditions, Freddie Mac continues to live up to these standards they set forth 50 years ago.
In addition to celebrating their 50-year anniversary, Freddie Mac released an interactive map that breaks down its funding state by state. To see this map click here.
