Freddie Mac 2005 Annual Report Download - page 9

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$580 billion in liquidity. Our dependable presence in the market lowers rates for consumers
of conforming mortgages. And it helps make mortgage-backed securities (MBS) the most
widely traded non-sovereign instruments in the world.
Affordability. In 2005, Freddie Mac financed homes for more than 4 million borrowers.
Our affordable performance was among our strongest on record — with more than
54 percent of the units financed through our mortgage purchases being affordable to
low- and moderate-income families. We created new affordable housing opportunities
by launching a product line with special benefits for police officers,
firefighters, teachers and health care workers who want to live in
the communities they serve. And while the Secretary of HUD
makes the final determination, thanks in part to our expanding
multifamily business, we reported to HUD that we exceeded the
2005 affordable housing goals — the toughest ever set for us by
the federal government.
Freddie Mac also maintains a strong philanthropic commitment to America’s communities,
opening the doors of hope and opportunity to children and their families. Through our
Corporate Giving program and the Freddie Mac Foundation, we awarded almost $35 million
to nonprofit organizations in 2005. In fact — with our DC-area grants providing almost a
fifth of the top 50 companies’ combined giving — the Washington Business Journal ranked
us first among local corporations in contributions to the community.
Meeting our mission and serving our communities. That’s Freddie Mac’s continuing
commitment. n
Building hope in the wake
of the 2005 hurricanes,
more than 800 Freddie
Mac employees joined
Habitat for Humanity’s
America Builds on the
National Mall. Fifty-one
homes were shipped
to waiting families in the
Gulf Coast region.
Every 10 seconds
Freddie Mac makes it
possible for another
family to own a home.
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