Freddie Mac buys home and apartment mortgages from lenders, packages them into securities, and guarantees payments to investors—like a toll bridge connecting Main Street banks to Wall Street money. It keeps the U.S. housing market liquid without lending direct
Money comes from guarantee fees on mortgage-backed securities and portfolio interest. Annual revenue hit USD 132.56B in 2025, with net income USD 10.73B—a thin 8.09% net margin, but recurring and stable across cycles. Single-family dominates; multifamily adds
Government-sponsored status gives implicit backing, letting it borrow cheaply and dominate securitization—competitors like Fannie Mae and private players can't replicate that. But conservatorship since 2008 caps growth and political risk looms. Moat is solid b
