Thousands Bid, 207 Families Buy Homes at Freddie Mac Auctions in Las Vegas, Riverside/San Bernardino Counties

McLean, VA – April 28, 2010 – (RealEstateRama) — Freddie Mac (NYSE:FRE) today reported that it had sold 207 HomeSteps® REO homes to first time buyers and other owner-occupants at morning and afternoon auctions in Las Vegas and Riverside/San Bernardino Counties that drew thousands of bidders on April 24 and 25. HomeSteps is the real estate sales unit of Freddie Mac and markets a nationwide selection of Freddie Mac-owned homes


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Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac raises capital on Wall Street and throughout the world's capital markets to finance mortgages for families across America. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters

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