On September 7, 2008, Freddie Mac (formally known as the Federal Home Loan Mortgage Corporation), through the Federal Housing Finance Agency (FHFA), in its capacity as Conservator of Freddie Mac, entered into a Senior Preferred Stock Purchase Agreement (Purchase Agreement) with the U.S. Department of the Treasury (Treasury). Under the Purchase Agreement, Treasury provided us with its commitment to provide up to $100 billion in funding under specified conditions. The Purchase Agreement was subsequently amended and restated on September 26, 2008. A copy of the Purchase Agreement, as amended and restated on September 26, 2008, was attached as Exhibit 10.1 to our report on Form 8-K filed on September 30, 2008.

On February 18, 2009, Secretary of the Treasury Geithner issued a statement regarding Treasury's commitment to Freddie Mac and the Federal National Mortgage Association (Fannie Mae). The statement indicated that Treasury is amending the Purchase Agreement to increase Treasury's funding commitment to us to up to $200 billion, increase the size of our retained mortgage portfolio allowed under the Purchase Agreement by $50 billion to $900 billion and correspondingly increase our allowable debt outstanding. The statement also said that Treasury will continue to purchase Fannie Mae and Freddie Mac mortgage-backed securities to promote stability and liquidity in the marketplace.

Secretary Geithner stated that "Fannie Mae and Freddie Mac are critical to the functioning of the housing finance system in this country and play a key role in making mortgage rates affordable and maintaining the stability and liquidity of our mortgage market" and that "[t]he increased funding will provide forward-looking confidence in the mortgage market and enable Fannie Mae and Freddie Mac to carry out ambitious efforts to ensure mortgage affordability for responsible homeowners."

A copy of the statement by Secretary Geithner is attached as Exhibit 99.1 to this report and is incorporated herein by reference.

(d) Exhibits

The following exhibit is being filed as part of this Report on Form 8-K:

Exhibit Number   Description of Exhibit

99.1             Statement by Secretary Tim Geithner on Strengthening Treasury's
                 Commitment to Fannie Mae and Freddie Mac dated February 18, 2009