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Home loan transferred to Freddie Mac — What does this mean?
Lenders may sell your mortgage to other lenders for a fee.  For example,  your lender might sell your mortgage to the highest bidder who may want to purchase your mortgage by making a one time payment.  For your lender that's a quick profit, for the new owner of your mortgage, that's long term returns for a one time fee.  For your lender, that is forgoing long term returns for short term gains (and transfer of risk in case you default).   (Very similar to how bonds work in a stock exchange!) What does this mean to you? Nothing.  You will still keep making payments to your original lender.   What does 'transfer of ownership has not been publicly recorded mean'? It means, when you are asked about ownership details regarding your mortgage, and this could be in tax forms or refinancing etc., you would enter your original lender's information and not Freddit Mac's! Pro-tip There are lots of scams based on this.  You might receive an official looking letter in mail claiming your loan has been sold and you should start making payments to the new owner. DO NOT FALL FOR THIS! Call your original lender (use the phone number from your loan papers, not mail you received) and verify this information.   And if this were to happen, your original lender would always inform you first.   And hey, congrats on your new home! :)