At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
We will accept applications for this position until 10/13/2025.Position Overview:This program is a ten-week internship crafted to provide interns with the opportunity to gain an outstanding experience working across a broad spectrum of Freddie Mac’s key capital markets desks. The key focus is to develop future portfolio managers by providing real world training experiences with the goal of learning the full mortgage capital markets life cycle while also providing desk-specific knowledge. Interns will get a chance to learn, be mentored by and work alongside best-in-class professionals on various desks to analyze and support our mission of Making Home Possible. Your placement for the summer will be on a desk that falls within one of these two buckets:
Front-End:
Gain knowledge of how Freddie Mac prices its business through upfront loan pricing, pool securitization and unsecured debt funding through working on Cash Window
Credit Risk:
Learning how Freddie Mac manages its credit risk, through rotating on one of the securitized products related desks, including STACR, ACIS, Servicing Capital Markets and Loan Portfolio Management and Structuring
Freddie Mac’s Single Family and Capital Markets Divisions are responsible for handling the ~$3.4 trillion mortgage guarantee and investment portfolios through secondary mortgage market activities such as asset-liability management, loan purchases, servicing transactions, securitization, debt issuance and credit risk transfer.
You'll be part of a team that is intellectually curious, creative, analytical, and passionate about markets, managing risk and adding value to the overall firm. We provide the cash flow, financing, trading and capital market expertise that allows the company to achieve its stated mission of providing liquidity to the house market and making home possible.
In this position, you will be supporting portfolio manager activities by digging into data, projects or desk needs to improve desk functionality or produce analyses that will help the desks make more educated decisions.
You will be working as part of a high-performing team in your business area, gaining experience to begin building your analytical and interpersonal communication skills. You will gain diverse perspectives networking across desks; you will learn about many of the different markets that Freddie Mac participates in as well as the work that each desk does. You will also have the opportunity to work on a summer long project related to Freddie Mac, presenting to senior management at the end. Through your summer, analysts will build the following proficiencies and opportunities:
Fixed income valuation and financial transaction analysis
Expertise in the U.S. Economy/Fixed Income markets
Knowledge of primary and secondary mortgage financial system
Quantitative abilities (e.g., Advanced Excel, SQL, SAS, Python, R)
Professional networking skills and opportunities within the company and industry
Mentorships to help guide your career
Social community of analysts and fellow interns
Pursuing Bachelor’s degree, preferably but not only in Economics, Finance, Business, Engineering and/or Math
Availability to begin internship in May 2026
Graduating in either December 2026 or May 2027
Ability to learn quickly and pick up new skills/concepts
Outstanding communication skills, both written and verbal
Strong problem-solving ability
Microsoft Office skills required; Additional quantitative skills preferred
Must be a great teammate and able to work collaboratively
Comfortable working in a fast-paced trading floor environment
Attention to detail, exercise sound judgment and can handle sensitive information with discretion
Remain aware of industry-related news and analyze the implications of news/industry developments
Apply a learning mindset and take ownership for your own development
Interns are paid at a set, non-negotiable hourly rate. The hourly rate for this role is $32/hr.
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full timeFLSA Status:Non-ExemptFreddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $54,000 - $82,000 . All interns positions are paid at an hourly rate, which can be found in the body of the job description.Similar Jobs
What We Do
Freddie Mac is serving America’s homebuyers, homeowners and renters by financing the creation and preservation of more affordable homeownership and rental opportunities, providing liquidity, stability and affordability to the housing market. We are Making Home Possible for families across the nation.
