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Violation Tracker Individual Record

Company: Freddie Mac
Current Parent Company: Freddie Mac (Federal Home Loan Mortgage Corporation)
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $460,000
Year: 2023
Date: January 31, 2023
Offense Group: environment-related offenses
Primary Offense: environmental violation
Secondary Offense: lead violation
Violation Description: In a pre-lawsuit settlement of allegations a property contained significant lead hazards, the duplex at 49-51 Foster Street, owned by Freddie Mac, valued at approximately $400,000 was donated to NeighborWorks Blackstone River Valley with a deed restriction that it be used as affordable housing for 99 years, and to pay $60,000 to the Office of the Attorney General to continue lead remediation and abatement efforts.
Level of Government: state
Action Type: agency action
Agency: Rhode Island Attorney General
Civil or Criminal Case: civil
Facility State: Rhode Island
Facility City: Burrillville
HQ Country of Current Parent: USA
HQ State of Current Parent: Virginia
Ownership Structure of Current Parent: government-sponsored
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: secondary mortgage market
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.