On February 19, 2025, Federal Home Loan Mortgage Corporation (“Freddie Mac”) filed a notice of data breach with the Attorney General of Massachusetts after discovering a cybersecurity breach. In this notice, Freddie Mac explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which includes their names and Social Security numbers. Upon completing its investigation, Freddie Mac began sending out data breach notification letters to all individuals whose information was affected by the recent data security incident.
If you received a data breach notification from Federal Home Loan Mortgage Corporation, it is essential you understand what is at risk and what you can do about it. A data breach lawyer can help you learn more about how to protect yourself from becoming a victim of fraud or identity theft, as well as discuss your legal options following the Freddie Mac data breach. For more information, please see our recent piece on the topic here.
What Caused the Freddie Mac Data Breach?
The Freddie Mac data breach was only recently announced, and more information is expected in the near future. At this early point, Freddie Mac does not appear to have issued a press release or posted a website notice discussing the incident, and the company’s filing with the Attorney General of Massachusetts provides only limited information on what led up to the breach.
That said, based on the available information, we know that Freddie Mac recently discovered a potential data security incident. After investigating the incident, Freddie Mac confirmed that an unauthorized party was able to access files and folders containing confidential consumer information that had been provided to the company.
After learning that sensitive consumer data was accessible to an unauthorized party, Freddie Mac reviewed the compromised files to determine what information was leaked and which consumers were impacted. While the breached information varies depending on the individual, it may include your name and Social Security number.
On February 19, 2025, Freddie Mac sent out data breach letters to anyone who was affected by the recent data security incident. These letters should provide victims with a list of what information belonging to them was compromised.
More Information About Freddie Mac
Federal Home Loan Mortgage Corporation is a government-sponsored enterprise that provides liquidity, stability, and affordability to the U.S. housing market by purchasing mortgages from lenders and securitizing them into mortgage-backed securities. Headquartered in McLean, Virginia, the company plays a crucial role in the secondary mortgage market, helping to make homeownership and rental housing more accessible. With a focus on responsible lending and financial innovation, Freddie Mac also supports homeowners, renters, and the broader housing finance system through risk management and sustainable housing initiatives. The organization employs approximately 8,500 people and generates an estimated $22.2 billion in annual revenue.
