1. Affordable Lending: Vision and Initiatives Danny Gardner Single-Family Affordable Lending & Access to Credit April 14, 2016

2. © Freddie Mac April 2016 2 Up Market Fundamentals

3. © Freddie Mac April 2016 3 Households:15.9M 27.6M 39.2M Homeowners: 5.5M 10.1M 17.2M Projected Population Growth Sources: JCHS of Harvard University – middle projection (interpolated): http://www.jchs.harvard.edu/research/publications/baseline-household-projections-next-decade-and-beyond; Collingwood Group Today, 2020, 2025

4. © Freddie Mac April 2016 4 Areas of Opportunity Source: Freddie Mac, Profile of Today’s Renter, Jan.-Feb. 2016 Can’t afford; in future Never afford Can afford; in future No thanks Working now to buy Within 3 Years?Most Renters Aim to Buy

5. © Freddie Mac April 2016 5 Areas of Opportunity Source: U.S. Census Bureau Percentage Change Fast-growing Minority and Immigrant Populations

6. © Freddie Mac April 2016 6 Vision: Renewed and Rebalanced Affordable Lending Ecosystem Lenders Housing finance agencies Housing organizations Real estate professionals Servicers Expanding Homeownership – Responsibly SM Source: Freddie Mac Freddie Mac Policymakers/ Regulators Localities

7. © Freddie Mac April 2016 7 Technology, Tools, and Other Resources from End to End And much more … Loan Advisor Suite SM – Coming soon:

8. © Freddie Mac April 2016 8 Working Together, Vision Becomes Reality Shatter myths Make the most of our solutions & support Offer market- relevant products Help the ecosystem thrive

9. © Freddie Mac April 2016 9 A Better Freddie Mac …and a better housing finance system For families...innovating to improve the liquidity, stability and affordability of mortgage markets For customers...competing to earn their business For taxpayers...reducing their exposure to mortgage risks