Post 200 The guide to the region's top businesses
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The Freddie Mac headquarters in McLean.(Paul J. Richards/AFP/Getty Images)
Public companies and financial services
Freddie Mac
Freddie Mac, formally known as Federal Home Loan Mortgage Corp., is chartered by the government to help finance mortgage loans. It does this by purchasing mortgages from banks and others and then packaging them into securities to be sold to investors. As such, it is one of the nation’s largest mortgage buyers, behind Fannie Mae. Both companies, facing heavy losses, were taken over by the government during the credit crisis and their future is uncertain as elected leaders debate what should become of them.
8200 Jones Branch Dr.
McLean Va., 22102
703-903-2000
Founded: 1970
CEO: Charles E. “Ed” Haldeman Jr.
Revenue: $9,351,000
Assets: $2,261,780,000
Employees (local): 5,063 (4,528)
NOTE: Our methodology for the rankings.
