Technology is the major force driving changes throughout the financial services industry.
The mortgage marketplace is just beginning to witness what new technologies can do, and recognize the positive impacts they will have on the home buying process. Working with the industry, Freddie Mac is responding to the continued application of new technology to this marketplace by focusing our efforts on processes that will create a more efficient, streamlined and less costly mortgage experience for the American homebuyer. Freddie Mac's charter prevents us from originating mortgage loans. E-SIGN legislation and new technology simply create another way for mortgage loan originators to originate and deliver mortgages to Freddie Mac, helping simplify the process and reducing the obstacles to homeownership. Freddie Mac is working with industry leaders that share our vision of an efficient, low-cost and easier mortgage origination system for America's home buying families.