Federal Home Loan Mortgage Corporation
FMCCH
Other OTC15.83
USD
-0.56
- -
CIK
0001026214
ISIN
US3134008552
CUSIP
313400855
Return %
Stock
S&P500
1Y
-13.31
26.53
3Y
594.30
76.60
5Y
55.81
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Kenny Smith
- Full Time Employees
- 8,076
- Sector
- Financial Services
- Industry
- Financial - Mortgages
- Address
- 8200 Jones Branch Drive McLean VA United States of America 22102-3110
- IPO Date
- Oct 6, 1998
- CIK
- 0001026214
- Website
- freddiemac.com
- Similar Companies
- Business
- Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, operates as a government-sponsored enterprise primarily engaged in the secondary mortgage market in the United States. It focuses on purchasing, guaranteeing, and securitizing residential mortgages, which it finances through mortgage-backed securities. Core products and services include the acquisition and securitization of single-family and multifamily mortgage loans; mortgage loan guarantees; real estate owned asset management; and risk-sharing platforms. Freddie Mac offers loan products and tools such as Loan Product Advisor, automated collateral evaluation, and income and employment verification services to lenders in the U.S. residential housing market. The company supports homeownership and rental housing stability by providing liquidity, stability, and affordability to the mortgage market. Freddie Mac operates mainly in the United States and serves a customer base comprised of mortgage lenders, investors, and the broader housing finance system. Founded in 1970 and headquartered in McLean, Virginia, the company works closely under the oversight of the Federal Housing Finance Agency (FHFA), which also acts as its conservator since the 2008 financial crisis. In recent developments, Freddie Mac has introduced enhanced technology upgrades to its Loan Product Advisor platform in 2024, expanding options for income and employment verification and improving collateral representation and warranty relief eligibility indications. In 2024 and 2025, it initiated a pilot program for purchasing certain single-family closed-end second mortgages, aiming to provide homeowners with cost-effective access to home equity. Furthermore, Freddie Mac significantly increased its multifamily loan purchase cap to $88 billion for 2026, reflecting a 34% year-over-year growth in its 2024 multifamily production volume, which hit $66 billion. The company has also been actively issuing securities through its multifamily risk transfer platform. Financially, Freddie Mac reported rising net revenues and mortgage portfolio growth in 2024. These strategic service expansions and product innovations underscore Freddie Mac's ongoing commitment to expanding housing finance options and strengthening its role in the U.S. mortgage market. The company continues to balance operational improvements with regulatory compliance and market demands, positioning itself as a key liquidity provider and mortgage credit risk manager in the housing finance ecosystem.