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Refer to p. 6 of the 2020 Annual Report (p. 10 of the PDF). Freddie Mac achieves its mission by guaranteeing the performance of mortgage-backed
Refer to p. 6 of the 2020 Annual Report (p. 10 of the PDF). Freddie Mac achieves its mission by guaranteeing the performance of mortgage-backed securities (MBS). In 2018, about $7 trillion of outstanding single-family U.S. residential mortgages were packaged into MBS
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Financial Accounting
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
12th edition
134725980, 9780134726656 , 978-0134725987
