Our Single Family Homes business supports responsible and sustainable homeownership, primarily through the activities of our Single Family Homes and Capital Markets divisions.
These divisions work with lenders of all sizes, including national, regional and community lenders and credit unions, to purchase conventional conforming mortgages for one- to four-unit homes (including condominiums and manufactured homes) up to certain amounts set by regulators. As part of our mission, we are committed to providing homeownership opportunities to low- and moderate-income people and those living in underserved markets who are looking to buy a home for the first time.
Because lenders know they can sell loans to us, they are willing to offer long-term, fixed-rate loans that make mortgage payments more affordable for more households. When homeowners face financial hardship, we work with lenders to help borrowers avoid foreclosure or exit homeownership as smoothly as possible.
We also promote liquidity and make capital more available to borrowers by purchasing investments in mortgage-related securities guaranteed by Freddie Mac and other financial institutions. We fund these investments by issuing debt securities. Freddie Mac's investors include, but are not limited to, central banks, commercial banks, pension funds, insurance companies and securities dealers around the world.
