Federal Home Loan Mortgage Corporation
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kenny Smith
- Full Time Employees
- 7,334
- Sector
- Financial Services
- Industry
- Financial - Mortgages
- Address
- 8200 Jones Branch Drive McLean VA United States of America 22102-3110
- IPO Date
- Dec 2, 1988
- CIK
- 0001026214
- Website
- freddiemac.com
- Similar Companies
- Business
- The Federal Home Loan Mortgage Corporation (Freddie Mac) is a stockholder-owned, government-sponsored enterprise chartered by the U.S. Congress in 1970 to support liquidity, stability, and affordability in the residential mortgage market. Headquartered in Tysons, Virginia, Freddie Mac operates primarily in the U.S. secondary mortgage market through two main business segments: Single-Family and Multifamily. Its core products and services include purchasing residential mortgages from lenders, pooling these loans, and securitizing them as mortgage-backed securities (MBS) that are sold to private investors. Freddie Mac’s product suite includes conventional mortgage loan purchase programs, mortgage-backed securities issuance, and credit risk management solutions designed to enhance financial access for homeowners and renters, including specialized loan products for underserved markets such as manufactured housing and multifamily housing. In recent years, Freddie Mac has focused on expanding its offerings to support affordable housing with new programs such as the CHOICEHome® mortgage for CrossMod™ homes and enhanced financing solutions for manufactured homes, including those titled as personal property. The company also prioritizes tenant protections in manufactured housing communities and aims to increase liquidity in these niche markets through regulatory compliance and strategic outreach under its Duty to Serve Underserved Markets plan. Freddie Mac’s most significant recent operational changes include a major leadership restructuring in early 2025 when the CEO and other top executives were replaced by the Federal Housing Finance Agency (FHFA), which has further consolidated control over the board and management as part of ongoing reforms. This transition underscores broader government efforts to stabilize and potentially privatize the mortgage finance system while maintaining Freddie Mac’s mission to facilitate homeownership. Freddie Mac’s operations span nationwide with a focus on the United States housing finance system, serving mortgage lenders, financial institutions, and indirectly millions of homeowners. Founded by congressional act and operating as a publicly traded company (Ticker: FMCC), its activities are tightly regulated by the FHFA, which influences corporate governance and strategic direction. The company’s involvement in the secondary mortgage market complements its sister enterprise, Fannie Mae, collectively enhancing mortgage availability and affordability across diverse borrower segments. Overall, Freddie Mac manufactures and sells mortgage-backed securities, purchases, and guarantees single-family and multifamily residential loans, offers credit enhancement products, and develops affordable housing initiatives nationwide. Its strategic emphasis on product innovation, market expansion into underserved communities, and regulatory compliance highlights the company’s ongoing role as a vital intermediary between mortgage lenders and capital markets while adapting to the regulatory and economic environment post-2024 leadership overhaul.
Mortgage Rates Average 6.55%
Mortgage Rates Hover in Mid-Six Percent Range
Mortgage Rates Decline
Freddie Mac Issues Monthly Volume Summary for May 2026
Mortgage Rates Average 6.49%
Mortgage Rates Decline
Mortgage Rates Average 6.52%
Mortgage Rates Decrease to 6.48%
Trump taps Pulte for a top intelligence job. This makes an IPO for Fannie and Freddie look even more unlikely.
Freddie Mac Issues Monthly Volume Summary for April 2026
Mortgage Rates Average 6.53%
Mortgage Rates Average 6.51%
Mortgage Rates Inch Down
Candor Technology Integrates with Freddie Mac's AIM Check API to Automate Income Calculations
Freddie Mac Announces Results of Tender Offer for Certain STACR Notes
Mortgage Rates Average 6.37%
Freddie Mac Announces Tender Offer for Any and All of Certain STACR Notes
Fannie Mae and Freddie Mac IPOs ‘Stalled,' Analysts Write. Why They Downgraded Fannie Mae Stock.
Mortgage Rates Average 6.30%
Freddie Mac Announces First Quarter 2026 Financial Results