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Proxy Statement and Notice, 04 29 2008 - Freddie Mac

Proxy Statement and Notice, 04 29 2008 - Freddie Mac-2025

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The document is a proxy statement from Freddie Mac, dated April 29, 2008, inviting stockholders to the annual meeting on June 6, 2008. It outlines the agenda which includes the election of 11 board members, ratification of independent auditors, and approval of amendments to the stock compensation plan. The document details voting procedures, eligibility requirements for attending the meeting, and provides information on corporate governance practices. It also discusses executive compensation structures and potential payments upon termination or change in control for key executives.

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Is Federal Home Loan Bank Freddie Mac?

Freddie Mac is a government- sponsored enterprise, congressionally chartered institution that buys mortgages from lenders and resells them as securities on the secondary mortgage market.

What is Freddie Mac in simple terms?

Freddie Mac is a government-sponsored enterprise or GSE, created by the federal government to ensure access to home mortgage credit. Freddie Mac has a statutory mission to provide liquidity, stability, and affordability to the U.S. housing market. Freddie Mac does not make loans directly to homebuyers.

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