Learn Just the Facts about Freddie Mac
Our Just the Facts [DOC 1.4M] brochure is a useful guide that includes the most recent industry and corporate facts and figures and explains how Freddie Mac fulfills its mission, working every day to make home and community possible across the country.
Here's a preview of the information you'll find in Just the Facts:
- $17,000 is the amount in interest saved on a $150,000 mortgage by the American homebuyer whose mortgage is purchased by Freddie Mac.
- Every 9 seconds Freddie Mac makes it possible for another family to own a home.
- 15 to 20 seconds is the typical time it takes Freddie Mac's Loan Prospector® automated underwriting service to evaluate a loan for purchase and approve it.
- 1/2 of all homeowners hold at least 50% of their net wealth in home equity.
- Nearly $150 is the boost in spending resulting from every $1,000 gain realized by a home sale.
|