Freddie Mac

McLean, Va. | See all recipients in Virginia
$71.6B
Disbursed
$0
Returned
$122B
Revenue to Gov't
$49.9B
Profit

On Sep. 7, 2008, the government took over Fannie Mae and Freddie Mac. Under the terms of the rescue, the Treasury has invested billions to cover the companies' losses. The Fannie and Freddie bailout is separate from the broader $700 billion bailout -- known as the TARP -- and instead comes via the Housing and Economic Recovery Act of 2008, passed in July 2008. In February 2009, Treasury Secretary Tim Geithner said as much as $200 billion in taxpayer money might be put into each company. In December of 2009, the Treasury removed that cap, meaning an unlimited amount of money could be invested. In August of 2012, the Treasury announced further changes to its agreements with both Fannie and Freddie. Starting in 2013, both Fannie and Freddie began paying the Treasury dividends based on a different arrangement: Each quarter, Fannie and Freddie must make payments based on their net value above a capital reserve level. In previous years, Fannie and Freddie had paid dividends based on a 10 percent annual rate.

Date Type Amount Program Description
09/30/2019 Dividend $1,826,000,000 PSI
Dividend Payment
06/30/2019 Dividend $1,665,000,000 PSI
Dividend Payment
02/25/2019 Dividend $1,479,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $4.5 billion at December 31, 2018 minus the capital reserve of $3 billion.
12/31/2018 Dividend $2,559,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $5.6 billion at September 30, 2018 minus the capital reserve of $3 billion.
09/27/2018 Dividend $1,585,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $4.6 billion at June 30, 2018 minus the capital reserve of $3 billion.
01/01/2018 Purchase $312,000,000 PSI
Preferred Stock
12/31/2017 Dividend $2,250,000,000 PSI
The dividend amount was based on a net worth amount of $5.3 billion at Sep. 30, 2017 minus the capital reserve of $600 million. The amount was subsequently reduced to $2.25 via a letter agreement with Treasury.
09/30/2017 Dividend $1,986,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $2.6 billion at June 30, 2017 minus the capital reserve of $600 million.
06/30/2017 Dividend $2,234,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $2.8 billion at March 31, 2017 minus the capital reserve of $600 million.
03/31/2017 Dividend $4,475,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $5.1 billion at December 31, 2016 minus the capital reserve of $600 million.
12/31/2016 Dividend $2,310,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $3.5 billion at September 30, 2016 minus the capital reserve of $1.2 billion.
09/30/2016 Dividend $933,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $2.1 billion at June 30, 2016 minus the capital reserve of $1.2 billion.
03/31/2016 Dividend $1,740,000,000 PSI
Dividend
The dividend amount was based on a net worth amount of $2.9 billion at December 31, 2015 minus the capital reserve of $1.2 billion.
09/30/2015 Dividend $3,913,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $5.7 billion at June 30, 2015 minus the capital reserve of $1.8 billion.
06/30/2015 Dividend $746,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $2.5 billion at March 31, 2015 minus the capital reserve of $1.8 billion.
03/31/2015 Dividend $851,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $2.7 billion at December 31, 2014 minus the capital reserve of $1.8 billion.
12/31/2014 Dividend $2,786,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $5.2 billion at September 30, 2014 minus the capital reserve of $2.4 billion.
09/30/2014 Dividend $1,890,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $4.3 billion at June 30, 2014 minus the capital reserve of $2.4 billion.
06/30/2014 Dividend $4,499,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $6.9 billion at March 30, 2014 minus the capital reserve of $2.4 billion.
03/30/2014 Dividend $10,435,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $12.8 billion at December 31, 2013 minus the capital reserve of $2.4 billion.
12/31/2013 Dividend $30,436,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $33.4 billion at Sept 30, 2013 minus the capital reserve of $3 billion.
09/30/2013 Dividend $4,357,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $7.4 billion at June 30, 2013 minus the capital reserve of $3 billion.
06/30/2013 Dividend $6,971,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $10.0 billion at March 31, 2013 minus the capital reserve of $3 billion.
03/30/2013 Dividend $5,827,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $8.8 billion as of Dec. 31, 2012 minus the capital reserve of $3 billion.
12/31/2012 Dividend $1,808,000,000 PSI
Dividend Payment
09/30/2012 Dividend $1,809,000,000 PSI
Dividend Payment
06/30/2012 Dividend $1,809,000,000 PSI
Dividend Payment
05/03/2012 Purchase $19,000,000 PSI
Preferred Stock
03/31/2012 Dividend $1,807,000,000 PSI
Dividend Payment
03/09/2012 Purchase $146,000,000 PSI
Preferred Stock
12/31/2011 Dividend $1,655,000,000 PSI
Dividend Payment
11/03/2011 Purchase $5,992,000,000 PSI
Preferred Stock
09/30/2011 Dividend $1,618,000,000 PSI
Dividend Payment
08/08/2011 Purchase $1,479,000,000 PSI
Preferred Stock
06/30/2011 Dividend $1,617,000,000 PSI
Dividend Payment
03/30/2011 Dividend $1,605,000,000 PSI
Dividend Payment
02/24/2011 Purchase $500,000,000 PSI
Preferred Stock
12/31/2010 Dividend $1,603,000,000 PSI
Dividend Payment
11/03/2010 Purchase $100,000,000 PSI
Preferred Stock
09/30/2010 Dividend $1,558,000,000 PSI
Dividend Payment
08/09/2010 Purchase $1,800,000,000 PSI
Preferred Stock
06/30/2010 Dividend $1,296,000,000 PSI
Dividend Payment
05/05/2010 Purchase $10,600,000,000 PSI
Preferred Stock
03/31/2010 Dividend $1,292,000,000 PSI
Dividend Payment
12/31/2009 Dividend $1,292,000,000 PSI
Dividend Payment
09/30/2009 Dividend $1,294,000,000 PSI
Dividend Paid
06/30/2009 Dividend $1,149,000,000 PSI
Dividend Paid
05/12/2009 Purchase $6,100,000,000 PSI
Preferred Stock
03/31/2009 Purchase $30,800,000,000 PSI
Preferred Stock
03/30/2009 Dividend $370,000,000 PSI
Dividend Paid
12/31/2008 Dividend $172,000,000 PSI
Dividend Paid
11/29/2008 Purchase $13,800,000,000 PSI
Preferred Stock
Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print RSS Search Search Twitter WhatsApp