Company Directory - Federal Home Loan Mortgage Corporation
Company Details - Federal Home Loan Mortgage Corporation
Federal Home Loan Mortgage Corporation
WebsiteMcLean, United States
Freddie Mac is a government-sponsored enterprise that supports the U.S. housing market by providing liquidity, stability, and affordability. It does so by buying mortgages on the secondary market, pooling them, and selling them as mortgage-backed securities, thereby promoting homeownership.
CCI Score
CCI Score: Federal Home Loan Mortgage Corporation
28.97
-0.02%
Latest Event
Freddie Mac Leadership Shake-Up Amid Political Pressure
The firing of CEO Diana Reid and other top executives at Freddie Mac, reportedly under pressure from government agencies, reflects significant political interference and signals potential alignment with economic restructuring agendas that favor privatization—actions that raise concerns over democratic accountability and authoritarian influence.
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DISSENTER
Federal Home Loan Mortgage Corporation is currently rated as a Dissenter.
Latest Events
- MAR212025
The firing of CEO Diana Reid and other top executives at Freddie Mac, reportedly under pressure from government agencies, reflects significant political interference and signals potential alignment with economic restructuring agendas that favor privatization—actions that raise concerns over democratic accountability and authoritarian influence.
- JAN012025
Freddie Mac released its updated Code of Conduct effective January 1, 2025. The document outlines comprehensive guidelines for ethical business practices, employee conduct, diversity, equity and inclusion, ethical communications, and transparency in dealings with external stakeholders. This robust framework is designed to foster internal accountability and public trust, counteracting tendencies that can enable authoritarian practices.
+70
Public and Political Behavior
March 22
The Code of Conduct emphasizes transparency, responsible public communications, and effective engagement with regulatory bodies. By requiring that only authorized spokespeople communicate externally and promoting truthful reporting, Freddie Mac demonstrates commitment to ethical public behavior that resists authoritarian influences.
+80
Business Practices and Ethical Responsibility
March 22
The updated Code of Conduct strongly reinforces ethical business practices including anti-corruption, non-discrimination, robust internal controls, and a commitment to diversity, equity, and inclusion. This proactive stance on internal ethics and labor relations promotes responsible corporate behavior that stands opposed to abusive or authoritarian practices.
- SEP012024
Freddie Mac released its Supplier Code of Conduct outlining robust ethical business practices, fair labor standards, and supply chain ethics to guide its relationships with suppliers. The document highlights commitments to transparency, anti-corruption measures, supplier diversity, and ensuring safe, nondiscriminatory working conditions.
+80
Business Practices and Ethical Responsibility
March 22
Freddie Mac's Supplier Code of Conduct demonstrates a strong commitment to ethical business practices by setting clear standards for transparency, anti-corruption, and responsible conduct among suppliers. This proactive measure supports a culture of accountability and fairness in business operations.
+75
Labor Relations and Human Rights Practices
March 22
The Code also emphasizes fair labor practices and safe working conditions for suppliers, underscoring commitments to human rights and non-discrimination. This focus on labor standards reinforces a culture that resists exploitation and promotes worker dignity.
+70
Supply Chain Ethics
March 22
Freddie Mac's initiative also covers supply chain ethics by requiring suppliers to adhere to rigorous ethical standards. This approach helps ensure that business partners contribute to a broader culture of accountability and resistance to unethical practices, which indirectly supports anti-fascist values.
- APR182006
Freddie Mac settled a record fine after it was found to have used corporate resources for illegal fundraising activities that benefited political figures, thereby subverting democratic processes.
-80
Political Contributions and Lobbying Efforts
March 22
Freddie Mac illegally used corporate resources between 2000 and 2003 to finance political fundraisers, directly contributing to campaigns and potentially influencing policy decisions. This misuse of power undermines fair democratic processes and bolsters corporate influence in politics, which aligns with authoritarian practices. The event reflects a severe breach in ethical political behavior and contributes negatively to public trust.
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