Federal Home Loan Mortgage Corporation
FMCKP
Other OTC15.53
USD
-1.39
- -
CIK
0001026214
ISIN
US3134007315
CUSIP
313400731
Return %
Stock
S&P500
1Y
-17.44
26.84
3Y
578.17
77.03
5Y
53.76
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
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
- Nov 19, 2001
- CIK
- 0001026214
- Website
- freddiemac.com
- Similar Companies
- Business
- Federal Home Loan Mortgage Corporation (Freddie Mac) operates as a government-sponsored enterprise that provides liquidity, stability, and affordability to the U.S. housing market by purchasing residential mortgage loans originated by lenders, securitizing them into mortgage-backed securities sold to global investors, guaranteeing timely principal and interest payments on those securities for a fee, and investing in mortgage loans, mortgage-related securities, and other assets; the company conducts business through two primary segments including Single-Family, which acquires, securitizes, and guarantees conventional conforming fixed-rate and adjustable-rate mortgage loans for one- to four-unit properties such as homes, condominiums, and manufactured homes secured by primary residences including products like Home Possible mortgages for low- and moderate-income borrowers, HomeOne for first-time homebuyers, CHOICEHome for factory-built homes, Relief Refinance and Home Affordable Refinance Program loans for borrowers facing difficulties, and investments in single-family mortgage-related securities managed with credit risk transfer programs such as STACR securities-based offerings and ACIS insurance-based deals; and Multifamily, which acquires, securitizes, and guarantees loans for properties from five units to hundreds of units nationwide covering conventional, seniors, student, subsidized, and manufactured housing communities through offerings like Optigo loans, K Certificates, Q-Series securitizations, and MSCR credit risk transfer transactions with approximately 90% of financed units affordable to low- or moderate-income renters. Freddie Mac, chartered by Congress in 1970 and headquartered in McLean, Virginia, maintains regional offices in Atlanta, Chicago, Dallas, Los Angeles, and New York, employs over 8,000 people, and supports U.S. housing including underserved markets with credit enhancements on 62% of its $3.1 trillion Single-Family portfolio and 91% of its $467 billion Multifamily portfolio as of December 31, 2024; the company remains under Federal Housing Finance Agency conservatorship since 2008 with Treasury support via senior preferred stock pursuant to the Purchase Agreement. Recent developments include Freddie Mac's expansion of CHOICEHome financing in 2025 to single-section factory-built homes to boost affordable housing supply, a $88 billion Multifamily loan purchase cap for 2026 approved by FHFA to enhance liquidity for affordable rentals, updated 2025 Cost to Originate Study highlighting Loan Product Advisor digital tools saving lenders up to $1,700 per loan amid rising production costs averaging $11,800, robust Q-Series activity such as Merchants Capital's $373.3 million securitization of 18 multifamily loans in July 2025 and joint ventures like Hamilton Zanze's $63 million B-piece acquisition in Freddie Mac K-165 in late 2024, Single-Family portfolio growth to $3.1 trillion and Multifamily to $467 billion by year-end 2024 with net income of $11.9 billion up 13% year-over-year driven by $23.9 billion net revenues and $59.6 billion net worth, and ongoing credit risk transfers alongside leadership continuity under FHFA Director William J. Pulte as Board Chairman since 2025.