Freddie Mac 2015 Annual Report Download - page 10

Introduction About Freddie Mac | Our Business
Freddie Mac 2015 Form 10-K 8
obligations, we report these types of obligations either in offering circulars or supplements thereto that we
post on our website or in a current report on Form 8-K, in accordance with a “no-action” letter we received
from the SEC staff. In cases where the information is disclosed in an offering circular posted on our
website, the document will be posted within the same time period that a prospectus for a non-exempt
securities offering would be required to be filed with the SEC.
The website address for disclosure about our debt securities is www.freddiemac.com/debt. From this
address, investors can access the offering circular and related supplements for debt securities offerings
under Freddie Mac’s global debt facility, including pricing supplements for individual issuances of debt
securities. Similar information about our STACR debt notes is available at www.freddiemac.com/
creditriskofferings.
Disclosure about the mortgage-related securities we issue, some of which are off-balance sheet
obligations (e.g., K Certificates), can be found at www.freddiemac.com/mbs. From this address, investors
can access information and documents about our mortgage-related securities, including offering circulars
and related offering circular supplements.
FORWARD-LOOKING STATEMENTS
We regularly communicate information concerning our business activities to investors, the news media,
securities analysts, and others as part of our normal operations. Some of these communications,
including this Form 10-K, contain “forward-looking statements.” Examples of forward-looking statements
include, but are not limited to, statements pertaining to the conservatorship, our current expectations and
objectives for the Single-family Guarantee, Multifamily, and Investments segments of our business, our
efforts to assist the housing market, our liquidity and capital management, economic and market
conditions and trends, our market share, the effect of legislative and regulatory developments and new
accounting guidance, the credit quality of loans we own or guarantee, and our results of operations and
financial condition on a GAAP, Segment Earnings and fair value basis. Forward-looking statements
involve known and unknown risks and uncertainties, some of which are beyond our control. Forward-
looking statements are often accompanied by, and identified with, terms such as “objective,” “expect,”
“possible,” “trend,” “forecast,” “anticipate,” “believe,” “intend,” “could,” “future,” “may,” “will,” and similar
phrases. These statements are not historical facts, but rather represent our expectations based on current
information, plans, judgments, assumptions, estimates, and projections. Actual results may differ
significantly from those described in or implied by such forward-looking statements due to various factors
and uncertainties, including those described in the “RISK FACTORS” section of this Form 10-K, and:
• The actions the U.S. government (including FHFA, Treasury, and Congress) may take, or require us
to take, including to support the housing markets or to implement FHFA’s Conservatorship
Scorecards and other objectives for us;
• The effect of the restrictions on our business due to the conservatorship and the Purchase
Agreement, including our dividend obligation on the senior preferred stock;
• Our ability to maintain adequate liquidity to fund our operations;
• Changes in our Charter or in applicable legislative or regulatory requirements (including any
legislation affecting the future status of our company);
• Changes in the fiscal and monetary policies of the Federal Reserve, including any changes to its
policy of maintaining sizable holdings of mortgage-related securities and any future sales of such
securities;