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About Freddie Mac Internships from Yahoo Finance: Freddie Mac provides credit guarantee for residential mortgages originated by mortgage lenders and invests in mortgage loans and mortgage-related securities. It operates in three segments: Investments, Single-Family Guarantee, and Multifamily. The Investments segment invests principally in mortgage-related securities and single-family mortgage loans; purchases mortgage loans and mortgage-related securities; and issues short-and long-term debt in the capital markets. The Single-Family Guarantee segment purchases single-family mortgages in the primary mortgage market, primarily through its guarantor swap program; securitizes certain mortgages; purchases and issues mortgage-related securities; and guarantees the payment of principal and interest on single-family mortgage-related securities. The Multifamily segment guarantees, securitizes, and invests in multifamily mortgages and commercial mortgage-backed security; and securitizes and guarantees the payment of principal and interest on multifamily mortgage-related securities and mortgages underlying multifamily housing revenue bonds. This segment also holds equity investments in various limited partnerships that sponsor low-and moderate-income multifamily rental apartments. The company principally serves lenders in the primary mortgage market that originate mortgages for homeowners and apartment owners, including mortgage banking companies, commercial banks, savings banks, community banks, insurance companies, credit unions, state and local housing finance agencies, and savings and loan associations in the United States. Freddie Mac was founded in 1970 and is based in McLean, Virginia.
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