Subscribe

38 - Freddie Mac

Mandatory Credit: Photo by Seth Wenig/AP/REX/Shutterstock (9473394a) New townhouses are seen in Wood-Ridge, N.J. On Thursday, March 22, Freddie Mac reports on the week's average U.S. mortgage rates Mortgage Rates, Wood-Ridge, USA - 26 Feb 2018 - Seth Wenig — AP/REX/Shutterstock
Mandatory Credit: Photo by Seth Wenig/AP/REX/Shutterstock (9473394a) New townhouses are seen in Wood-Ridge, N.J. On Thursday, March 22, Freddie Mac reports on the week's average U.S. mortgage rates Mortgage Rates, Wood-Ridge, USA - 26 Feb 2018 Seth Wenig — AP/REX/Shutterstock

The federally chartered but privately owned mortgage finance firm, known formally as Federal Home Loan Mortgage Corp, has paid back the American government and then some since its bailout following the 2008 housing crisis. Freddie Mac was effectively nationalized in 2012, along with Fannie Mae, and has since returned 100% of its profits each year to the U.S. Treasury and remained in conservatorship. Treasury Secretary Steven Mnuchin says it’s time to remove the firms from government control, although a specific path forward is still unclear. Freddie Mac’s revenues grew more than 13% in 2017, but the firm’s stock continued to fall to due to uncertainty for shareholders as changes and reforms approach.

More from FORTUNE

Key Metrics & Financials (Last Fiscal Year)

Previous Rank39
Revenues ($M)$74676
Revenue Percent Change13.7%
Profits ($M)$5625.0
Profits Percent Change-28.0%
Assets ($M)$2049776
Market Value — as of March 29, 2018 ($M)$878
Employees6165

Company Facts

Employees6165
SectorFinancials
IndustryDiversified Financials
HQ LocationMcLean, Va.
CEODonald H. Layton
CEO Title-
Websitewww.freddiemac.com
Years on Fortune 500 List21

See Full List

Outbrain

More from FORTUNE