Taken together, our six commitments represent a watershed in financial practices. Freddie Mac will open doors of opportunity for the homebuyer of the future, who is more likely to be a low-income, minority or immigrant family, eager to realize the American dream. To meet our mission, Freddie Mac is wringing out every unnecessary cost and barrier to homeownership. We are pushing the limits of technology. And we are searching the globe to find the lowest cost funds for housing.
Housing is one of the few bright spots on today's economic horizon.
More than ever, the country needs Freddie Mac's strength and vitality. The six commitments demonstrate our determination to remain safe and sound, and to finance housing for generations to come. Mr. Chairman, Members of the Subcommittee, I appreciate your support when we announced these commitments. I look forward to working with you to secure the future of America's housing finance system, and with it the dreams of millions of families. If you have comments concerning our website, please contact the Freddie Mac Webmaster .