Company Profile For Freddie Mac

Freddie Mac is engaged in purchasing residential mortgages and mortgage-related securities in the secondary mortgage market and securitizing them into mortgage-related securities that can be sold to investors. The Company purchases single-family and multifamily mortgage-related securities for its mortgage-related investments portfolio. It also purchases multifamily residential mortgages in the secondary mortgage market and hold those loans either for investment or sale. Freddie Mac finances purchases of its mortgage-related securities and mortgage loans, and manages its interest-rate and other market risks, primarily by issuing a variety of debt instruments and entering into derivative contracts in the capital markets. The Company operates in three segments: Investments, Single-family Guarantee and Multifamily.

BRIEF: For the six months ended 30 June 2009, Freddie Mac's revenues increased 1% to $21.09B. Net loss applicable to Common totaled $10.60B, up from $1.48B. Revenues reflect an increase in income from investments in securities and higher income from mortgage loans. Net loss reflects an increase in other administration expenses and higher losses on loans purchased. This company shares are traded on NYSE exchange.