These siblings know there's no place like home. Government-sponsored enterprises (GSEs) Freddie Mac (officially Federal Home Loan Mortgage Corporation) and Fannie Mae were established to buy residential mortgages and boost the housing market. They do so by purchasing mortgages from lenders and packaging them for resale, thereby mitigating risk and allowing lenders to provide mortgages to those who may not otherwise qualify. The agency also provides assistance for affordable rental housing. Together, Fannie and Freddie guarantee some 70% of all new home loans in the US. Due...
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Employees say it's “OK” 346 ratings
76% of the CEO 89 ratings
Donald H. Layton
Former Production Associate in Los Angeles, CA (US)
Pros: Good workplace culture, support system, potential for promotions and recognition. – Full Review
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1 Freddie Mac Salary
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Accepted Offer – Interviewed in McLean, VA (US) Sep 2010 – Reviewed 3 weeks ago
Interview Details The process was reasonable and typical. The position was never defined properly, and I spent most of my time at FM trying to drum-up work. Part of the problem may have been that a project I was hired to support was cancelled almost immediately after I was hired. – Full Interview