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Freddie Mac Data Breach Lawsuit Investigation
Shamis & Gentile P.A., one of the nation's premier class action law firms specializing in data breach cases, is investigating the Freddie Mac data breach.
If you were affected by the data breach, your sensitive personally identifiable information may have been exposed, and you may be eligible for compensation.
About Freddie Mac
Freddie Mac, officially known as the Federal Home Loan Mortgage Corporation (FHLMC), was established by Congress in 1970. It plays a significant role in the U.S. housing market by providing liquidity, stability, and affordability.
Freddie Mac operates in the secondary mortgage market, purchasing mortgages from lenders and selling them as mortgage-backed securities to investors. This process helps keep capital flowing, enabling lenders to offer more loans to qualified borrowers.
The November 2024 Data Breach
On November 4, 2024, Freddie Mac experienced a data breach that potentially exposed sensitive personal information. The breach was disclosed to the Massachusetts Attorney General's office on February 19, 2025. While the full extent of the breach is still under investigation, it's notable the breach involved Social Security numbers.
The breach affected at least five individuals in Massachusetts, and Freddie Mac has provided notice to those impacted.
Your Rights and Next Steps
If you believe your information was compromised in this breach, there are several steps you can take to protect yourself. Freddie Mac is offering complimentary access to Experian IdentityWorksSM for 24 months, which includes identity restoration support and fraud detection tools. You are encouraged to enroll in this service to monitor your personal information.
Additionally, you have the right to place a security freeze on your credit reports, free of charge, with the three major credit bureaus: Equifax, Experian, and TransUnion. This can help prevent unauthorized access to your credit report. It's also advisable to remain vigilant by regularly checking your credit reports for any suspicious activity.
You May Be Entitled to Compensation
If your personal information was exposed in the Freddie Mac data breach, you might be entitled to compensation. Lawyers are ready to help you understand your rights and explore your options for joining a class action lawsuit. To take the next step, complete the form below to see if you qualify for legal action.
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