Freddie Mac 2004 Annual Report Download - page 16

Availability of Documents
Our Information Statements, Supplements and other Ñnancial disclosure documents are available free of
charge on our website at www.FreddieMac.com. (We are providing this Internet address solely for the
information of interested persons. We do not intend this Internet address to be an active link and are not using
references to this Internet address here or elsewhere in this Information Statement to incorporate additional
information into this Information Statement.) Our corporate governance guidelines, codes of conduct for
employees and members of the Board of Directors (and any amendments or waivers that would be required to
be disclosed), and the charters of the Board's Ñve standing committees (i.e., the Audit, Compensation and
Human Resources, Finance and Capital Deployment, Governance and Nominating, and Mission and
Sourcing Committees) are also available on our website. Printed copies of these documents may be obtained
upon request.
Information About Business Segments
We have determined that we had one business segment for the periods presented in this Information
Statement.
Our Charter and Mission
Our charter serves as the foundation of our business, forms the framework for our business activities,
shapes the products we bring to market and drives the services we provide to the nation's housing and
mortgage industry. Our mission is to provide liquidity, stability and aÅordability in the residential mortgage
markets. We accomplish this by securitizing mortgages and by purchasing mortgages and mortgage-related
securities to hold in our own portfolio.
SpeciÑcally, our statutory purposes are:
‚ to provide stability in the secondary market for residential mortgages;
‚ to respond appropriately to the private capital market;
‚ to provide ongoing assistance to the secondary market for residential mortgages (including mortgages
on housing for low- and moderate-income families involving a reasonable economic return that may be
less than the return received on other activities) by increasing the liquidity of mortgage investments
and improving the distribution of investment capital available for residential mortgage Ñnancing; and
‚ to promote access to mortgage credit throughout the U.S. (including central cities, rural areas and
other underserved areas) by increasing the liquidity of mortgage investments and improving the
distribution of investment capital available for residential mortgage Ñnancing.
Our charter also provides us with special attributes such as:
‚ exemption from Securities Act and Exchange Act securities registration requirements (although we
are subject to the antifraud provisions of those laws and are committed to the voluntary registration of
our common stock with the SEC under the Exchange Act);
‚ favorable treatment of our securities under various legal investment laws and other regulations;
‚ access to the Federal Reserve Banks' book-entry system, which provides book-entry issuance, transfer,
payment and settlement for our mortgage-related and debt securities;
‚ discretionary authority of the Secretary of the Treasury to purchase obligations we issue up to a
maximum of $2.25 billion principal balance outstanding at any one time; and
‚ exemption from state and local taxes, except tax on real property that we own.
Freddie Mac
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