Freddie Mac Employer Profile

As a leader in the secondary mortgage market, Freddie Mac is dedicated to improving the quality of life by making possible the American dream of decent, accessible housing. We accomplish our mission by tapping world-wide capital markets to finance housing in America. In doing so, we  lower costs for homeowners and renters and provide better access to home financing.

During our 29-year history, we have financed homes for 23 million families - one out of every six homeowners and 2 million renters - across America. Last year alone, Freddie Mac financed homes for a record 2.7 million families, including nearly 200,000 first-time homebuyers and 300,000 renters.

Freddie Mac is a publicly traded company on the New York Stock Exchange (FRE), and is universally recognized as one of the top corporations in the country. During 1998, Freddie Mac delivered a total return to shareholders of 55 percent - exceptional performance that was nearly double that of the S&P 500 Index. We were also cited by Business Week, Fortune, Forbes and The Wall Street Journal as one of 1998's best- performing companies - and Freddie Mac is one of only 32 companies The Wall Street Journal cited as delivering consistent, top returns to shareholders for the past one, three, five and 10 years.

Today, technology is dramatically reshaping the mortgage business as we know it, and we are heavily involved in developing and refining technology products and services that make the mortgage loan process even more efficient in a way that will benefit homebuyers, mortgage lenders and Freddie Mac. We are examining ways to use the Internet, intranets and extranets to improve our business and develop business-to-business electronic commerce.

By joining one of America's top 5 diversified financial companies, you'll be working in a thriving environment with plenty of opportunities for advancement.  Our emphasis on developing employees with career development programs, specialized training, tuition reimbursement and more, allows you to keep learning and moving forward.

The team behind our success is a diverse group of talented individuals. While each of our employees offers unique talents, they share a commitment to quality and service that's unmatched anywhere.  This carries over into our community.  Our employees can choose from nearly 100 Foundation-offered programs, partnerships and projects in which to get involved.  In fact, Freddie Mac was recently recognized by Washington Technology as the Washington, D.C. area's number one organization for philanthropic giving.  You also find that same dedication reflected in an active, diverse and customer-focused workforce.

Our dedication to our employees is demonstrated by our attractive benefits as well as extensive employee training, career development and tuition assistance programs.  As a Freddie Mac employee, you can take part in a 401(k) plan, noncontributory pension plan, and discounted employee stock purchase plan.  You'll also receive a core benefits package that includes benefits such as medical, disability, vacation, holidays, sick leave, term insurance and accidental injury insurance.  In addition, you will have a number of optional benefits, such as enhanced medical and life insurance. In addition, you will have a number of optional benefits, such as enhanced medical and life insurance coverage, dental and vision plans and pre-tax spending accounts.

If you are interested in a career at Freddie Mac, please apply through our website at http://www.freddiemac.com/ or fax to: (703) 918-8403 with Attn: MJB99 on all correspondence.

Freddie Mac is proud to be an equal opportunity employer committed to diversity in our workforce.