The company focuses on increasing the supply of funds that mortgage lenders, such as commercial banks, mortgage bankers, savings institutions, and credit unions, can make available to homebuyers and multifamily investors.
It conducts its business primarily by buying mortgages from lenders, packaging the mortgages into securities, and selling the securities-guaranteed by Freddie Mac-to investors.
Besides, the company’s automated underwriting service, Loan Prospector®, delivers low-cost financing to homebuyers of all types.
Through streamlined processes and reduced documentation, Loan Prospector gives lenders the information they need to make lending decision with ease.
