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Monday, 03/10/2003

FRE - Freddie Mac SYM

Company Description

Freddie Mac is a stockholder-owned corporation chartered by Congress in 1970 to create a continuous flow of funds to mortgage lenders in support of homeownership and rental housing. Freddie Mac purchases mortgages from lenders and packages them into securities that are sold to investors. By doing so, they ultimately provide homeowners and renters with lower housing costs and better access to home financing. Over the next 10 years, 50 million families will take on new mortgages. Freddie Mac will be there, working with their lender customers, as a reliable and affordable source of mortgage financing. Since its inception in 1970, Freddie Mac has financed homes for nearly 26 million families - equal to one of every six homes in America.

Reasons to Invest

Freddie Mac ranks high among the nation's best places to work, garnering 27th place among top U.S. corporations, according to a recent survey conducted by Money Magazine. The list, which appears in Money's December issue, reflects the magazine's eighth

In addition, the results of Fortune magazine's 2001 Most Admired Corporations in America survey are in, and once again Freddie Mac is among the country's top firms. Moreover, just this past October 2, Freddie Mac was placed among Fortune's list of the world's most admired corporations. Both of these rankings are based on a number of factors, including quality of products and services; innovation; long-term investment value and financial soundness. Together these attributes signal Freddie Mac's commitment to shareholders, fixed-income investors, customers and homebuyers.

Freddie Mac ranks as one of Fortune magazine's most admired companies. Freddie Mac ranked third in the financial industry mortgage services group - the same spot it held last year.

DRIP Information:

Shares to Qualify = 1          
Auto-reinvestment = yes
Min/Max = ($250 or 10 consecutive $10 transaction 
with Auto-Reinvestment)/$250,000
Initial Set-up: $15 {one time fee)

Reinvestment Fees -

Dividend investment fees: Free - Paid by Company Cash investment fees: $5 Auto reinvestment fees: $2

Freddie Mac Contact Information: Freddie Mac Shareholder Relations 8200 Jones Branch Drive Mail Stop 485 McLean, VA 22102-3110 shareholder@freddiemac.com (800)FREDDIE or (703)903-3725

Transfer Agent Inquiries concerning lost stock certificates, dividend payments, duplicate checks, shareholder change of address and account status should be directed to Freddie Mac's stock transfer agent: EquiServe Trust Company, N.A. P.O. Box 2500 Jersey City, NJ 07303-2500 800/519-3111

 
 

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