How Freddie Mac Works: Enhancing Housing Market Liquidity and Stability Through Mortgage-Backed Securities

In the complex world of housing finance, few entities play as crucial a role as Freddie Mac. Established in 1970 as a government-sponsored enterprise (GSE), Freddie Mac was chartered by Congress to support homeownership and rental housing for middle-income Americans. Its primary mission is to provide liquidity, stability, and affordability in the housing market, particularly

Unlocking Financial Insights: A Comprehensive Guide to Footnotes in Financial Statements

What are Financial Statement Footnotes? Financial statement footnotes are detailed explanations that supplement the main financial statements: the balance sheet, income statement, and cash flow statement. These notes provide additional context and insights that are not immediately apparent from the numerical data alone. The primary purpose of footnotes is to explain accounting policies, changes in