Product Overview

Freddie Mac MBS are pass-through securities, each representing an undivided interest in a pool of residential mortgages. Freddie Mac offers traditional 30-year fixed-rate Freddie Mac MBS in addition to 20-year and 15-year securities. Freddie Mac MBS are backed by fully amortizing mortgages and pay on a 55-day delay schedule. Freddie Mac guarantees the timely payment of interest and scheduled principal on all Freddie Mac MBS. Freddie Mac MBS feature a payment delay of only 55 days from the time interest begins to accrue and the time the investor receives a payment.

This product overview is not an offer to sell or solicitation of an offer to buy any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac’s Information Statement and related supplements.