Plano, Texas — According to state and local economic development sources Freddie Mac plans to invest $13,100,000.00 to build out 96,000 square feet of new space in Plano. The company plans to occupy the new space at 6555 Excellence Way in Plano, on or about December 1, 2021. According to the company website We are leading the U.S housing market forward, making homeownership and rental housing more accessible and affordable nationwide. Freddie Mac was chartered by Congress in 1970 to support the U.S. housing finance system and to help ensure a reliable and affordable supply of mortgage funds across the country. Rather than lending directly to borrowers, Freddie Mac operates in the U.S. secondary mortgage market, buying loans that meet our standards from approved lenders. Those lenders are then, in turn, able to provide more loans to qualified borrowers and keep capital flowing into the housing market. Freddie Mac then pools the mortgages it buys into securities, which they sell to investors around the world.

To learn more about Freddie Mac, visit http://www.freddiemac.com/

Company Contact:
Michael Hutchins, President
https://www.linkedin.com/in/michael-hutchins-b2718962/
703-903-2000

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