MCLEAN, VA--(Marketwired - Jul 20, 2015) - Freddie Mac (OTCQB: FMCC) today announced that HomeSteps, the Freddie Mac REO sales division, will team up with St. Joseph Homeownership on August 8 to hold its second annual American Heroes Housing Fair and Open House in Jacksonville, FL. Freddie Mac is one of the nation's largest sources of affordable mortgage funds for America's borrowers.

The American Heroes Housing Fair and Open House is free and open to active and retired service members, educators, firefighters, police, first responders, city service workers and their families. The Fair and Open House will provide attendees with free homeownership counseling, information on down payment and renovation resources and afternoon house tours of HomeSteps listings available for immediate sale.

The American Heroes Housing Fair and Open House will be held on August 8, 2015 between 12:00 pm and 4:00 pm at the Firefighters Hall, 618 Stockton Street, Jacksonville, FL 32204. For more information on the Second Annual American Heroes Housing Fair and Open House, call St. Joseph Homeownership at 904-435-7546.

News Facts:

  • Tours of available HomeSteps properties during the event will be held from 1:00 pm to 3:30 pm. HomeSteps® is the Freddie Mac sales unit responsible for marketing and selling Freddie Mac real estate owned (REO) homes to homeowners and investors.

  • St. Joseph will provide American Heroes Housing Fair attendees with borrower counseling and education on CreditSmart®, the financial literacy program developed by Freddie Mac to help more families become successful homeowners.

  • A Drill Team competition featuring local high school drill teams will be held during the American Heroes Housing Fair.

News Quotes:

Attribute to Danny Gardner, vice president, single family affordable lending and access to credit, Freddie Mac:

"The American Heroes Housing Fair and Open House is about helping the men and women we depend on to become successful homeowners in our communities. We are proud to work with St. Joseph Homeownership to bring this exciting event to Jacksonville to help make homeownership possible for more families."

Attribute to LaTasha Green-Cobb, executive director, St. Joseph Homeownership:

"St. Joseph Homeownership is excited to host this event where our American heroes who do so much for us, can be specifically catered to, to fulfill their dream of homeownership. I am elated that individuals can be transformed to homeowners on the spot."

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Twitter: @FreddieMac