Freddie Mac supports communities across the United States by providing liquidity, stability and affordability to the nation’s residential mortgage markets. Established by Congress in 1970, Freddie Mac now makes home ownership possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing.
With Apptio, Freddie Mac has developed a defensible cost model. So far, their accomplishments include:
- Establishment of an environment focused on cost management and accountability for costs
- Successful transition from manual Excel file reporting to automated showback reporting
- An expanded overall view and enhanced reporting of IT to include project costs, IT production costs and management/overhead costs.
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