Subscribe

39 - Freddie Mac

Courtesy of Freddie Mac

Along with Fannie Mae, this mortgage finance giant was virtually nationalized in 2012. But since the tumultuous years of the global financial crisis of 2008-9, the company has found more stable footing. In 2016 it saw revenue increases thanks to a stable housing market and guarantee fees, paying billions back to taxpayers. (In fact, Fannie and Freddie have now paid back Uncle Sam back billions more than it cost to bail them out.) Going forward, the Trump administration has said it wants to liberate the companies from government control, but exactly how that complicated process would play out is still far from clear.

Read more!

Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$65665
Revenue Percent Change3.4%
Profits ($M)$7,815.0
Profits Percent Change22.6%
Assets ($M)$2023376
Market Value — as of March 31, 2017 ($M)$1,612
Employees5,982
Previous Rank43

Company Facts

Employees5,982
SectorFinancials
IndustryDiversified Financials
HQ LocationMcLean, VA
CEODonald H. Layton
CEO Title-
Websitewww.freddiemac.com
Years on Fortune 500 List20

See Full List

Outbrain
Read more!