Freddie Mac 2009 Annual Report Download - page 55

or settlements of any such claims, investigations, proceedings or examinations. Any legal proceeding, governmental
investigation or examination issue, even if resolved in our favor, could result in negative publicity or cause us to incur
significant legal and other expenses. Furthermore, developments in, outcomes of, impacts of, and costs, expenses, settlements
and judgments related to these legal proceedings and governmental investigations and examinations may differ from our
expectations and exceed any amounts for which we have reserved or require adjustments to such reserves. See “LEGAL
PROCEEDINGS” for information about our pending legal proceedings and “NOTE 15: INCOME TAXES” to our
consolidated financial statements for information about IRS examinations.
ITEM 1B. UNRESOLVED STAFF COMMENTS
None.
ITEM 2. PROPERTIES
As of February 11, 2010, our principal offices consist of five office buildings in McLean, Virginia. We own a 75%
interest in a limited partnership that owns four of the office buildings, comprising approximately 1.3 million square feet. We
occupy these buildings under a long-term lease from the partnership. We occupy the fifth building, comprising approximately
200,000 square feet, under a lease from a third party.
ITEM 3. LEGAL PROCEEDINGS
We are involved as a party to a variety of legal proceedings arising from time to time in the ordinary course of business.
See “NOTE 14: LEGAL CONTINGENCIES” to our consolidated financial statements for more information regarding our
involvement as a party to various legal proceedings.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
None.
52 Freddie Mac