

Frequently Asked Questions about Freddie Mac Careers
Looking for more information about Freddie Mac, its products and services, and its work culture? Our comprehensive FAQs section has you covered. Explore a wide range of topics, including job opportunities, career development, employee benefits, and more, and get the answers you need to make informed decisions about your career.
- Does Freddie Mac offer any job-specific training?
Yes, Freddie Mac offers a range of job-specific training programs. These vary depending on the role and include, but are not limited to, sales training, product training, risk management, leadership development, and customer service training.
- Does Freddie Mac have a dress code?
Yes, Freddie Mac has a dress code. Employees are expected to dress in a professional manner appropriate for the workplace. Business attire is required, including collared shirts, dress pants, skirts, and dresses. Shorts, flip-flops, and tank tops are not acceptable.
- Does Freddie Mac offer flexible work schedules?
Yes, Freddie Mac does offer flexible work schedules. Employees can coordinate with their managers to determine the best approach for them.
- Does Freddie Mac offer any volunteer opportunities?
Yes, Freddie Mac offers volunteer opportunities through its Corporate Citizenship and Philanthropy department. Volunteers can participate in a variety of activities including mentorship, financial literacy, and community service projects. To learn more about Freddie Mac's volunteer opportunities, please visit their website.
- Does Freddie Mac have any programs to support diversity and inclusion?
Yes, Freddie Mac has several programs and initiatives designed to promote diversity and inclusion. These include the Freddie Mac Diversity and Inclusion Network, which promotes dialogue among employees and external partners to build a more diverse and inclusive workforce. The company also has a Diversity and Inclusion Council, which works to ensure that the company's policies and practices promote and enhance diversity and inclusion. In addition, Freddie Mac has launched the Power of Inclusion program, which is designed to create an inclusive workplace culture and to ensure that all employees can contribute their best to the company.
- Does Freddie Mac offer any tuition reimbursement programs?
No, Freddie Mac does not offer any tuition reimbursement programs.
- Does Freddie Mac offer any health and wellness programs?
Yes, Freddie Mac does offer health and wellness programs for its employees. Programs include access to on-site medical care, fitness classes, health screenings, and wellness coaching. Additionally, employees can participate in wellness challenges and participate in online health education programs.
- Does Freddie Mac offer any retirement benefits?
Yes, Freddie Mac offers retirement benefits, including a 401(k) plan with employer contributions and a pension plan.
- Does Freddie Mac offer any wellness/medical leave?
Yes, Freddie Mac offers an extensive paid wellness/medical leave policy to its employees. The leave includes both short-term and long-term disability leave, as well as maternity and parental leave.
- Does Freddie Mac offer remote work opportunities?
Yes, Freddie Mac offers remote work opportunities. They offer full-time remote positions and also allow some employees to work from home on a part-time basis.
- Does Freddie Mac offer any professional development opportunities?
Yes, Freddie Mac offers several professional development opportunities, including online courses, webinars, workshops, and seminars. Additionally, the company offers on-the-job training and mentorship opportunities.
- Does Freddie Mac offer any global opportunities?
Yes, Freddie Mac does offer global opportunities. The company has offices in Canada, India, and the United Kingdom. Additionally, Freddie Mac has a presence in the Middle East and North Africa.
- Does Freddie Mac offer any career mobility opportunities?
Yes, Freddie Mac offers career mobility opportunities. This includes job shadowing, career development, internal job postings, and mentoring programs. Employees may also take advantage of programs like the Career Mobility Program which allows them to move to a different Freddie Mac business area or gain new skills.
- Does Freddie Mac have a mentorship program?
Yes, Freddie Mac does have a mentorship program. The program pairs mentors and mentees from across the company's business lines in order to share ideas, experiences, and best practices. The program is designed to provide guidance, support, and career development for both mentors and mentees.
- What is the hiring process like at Freddie Mac?
The hiring process at Freddie Mac typically begins with a candidate submitting an online application. From there, qualified candidates will be contacted by a recruiter to discuss the position further and set up an initial phone or video interview. After the initial interview, selected candidates will be invited to meet with a hiring manager for an in-person or video interview. Depending on the position, some candidates may be asked to take an assessment or complete a skills test. If a candidate is selected, they will be invited to an offer discussion. Once the offer is accepted, Freddie Mac will conduct a background check and drug test before extending an official offer.
- In which US cities does Freddie Mac have offices?
Freddie Mac has offices in Arlington, Virginia; McLean, Virginia; Chicago, Illinois; Plano, Texas; San Francisco, California; and Washington, DC.
- In which countries does Freddie Mac have offices?
Freddie Mac has offices in the United States, India, and China.
- What is Freddie Mac?
Freddie Mac is a government-sponsored enterprise that makes it easier for Americans to obtain mortgages. It was created in 1970 to provide liquidity to the mortgage market and to free up lenders to offer more loans. Freddie Mac buys home loans from lenders, packages them into mortgage-backed securities, and sells them to investors on the secondary market. It also offers a variety of home loan products and services.
- How does Freddie Mac support its employees?
Freddie Mac supports its employees through a wide range of benefits, programs, and services. These include competitive salaries, health and welfare benefits, retirement savings plans, wellness programs, career development opportunities, and flexible work arrangements. The company also provides employees with tuition assistance, discounts on banking products, and professional development and networking opportunities.
- What kind of career development opportunities does Freddie Mac offer?
Freddie Mac offers a variety of career development opportunities including: professional development courses, tuition assistance, mentoring programs, and leadership development programs. Additionally, the company offers a variety of resources to help employees build their skills and stay current with industry trends. These resources include webinars, seminars, and job shadowing opportunities.