MCLEAN, Va. – The following statement was released today by Freddie Mac (OTCQB: FMCC) and is attributed to David Brickman, CEO of Freddie Mac.
“The reproposal of this critical rule marks another important milestone in our path out of conservatorship. I thank Director Calabria for his leadership in moving this rule forward. As Freddie Mac takes unprecedented steps to assist homeowners and renters adversely affected by COVID-19, we remain focused on preparing for our responsible exit from conservatorship.”
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.