Freddie Mac
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Kenny M. Smith
- Full Time Employees
- 7,334
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- 8200 Jones Branch Drive McLean VA United States 22102-3110
- IPO Date
- Jan 23, 1985
- 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.
Company News
Mortgage Rates Decline for Fourth Consecutive Week to 7.11%
Here's Why Freddie Mac (FMCC) Is a Great 'Buy the Bottom' Stock Now
Mortgage Rates Decline for Third Consecutive Week to 7.18%
Billionaire Bill Ackman Sees Potential $500 Billion Windfall — Even After These Investments Plunged 61%
Fannie Mae Jumped 9% and Freddie Mac 7% on Election Day as Ackman Pushes for an Exit
Higher Margins, Better ROIC And Capable Management Define Pershing Square's Q3 2026 Portfolio
Fannie Mae, Freddie Mac rally as Ackman presses for conservatorship exit
Bill Ackman Sees 'Half a Trillion' of Value in Fannie and Freddie. Should Investors Follow Him?
Freddie Mac Posts 2027 Debt Funding Calendar
Freddie Mac (FMCC) Upgraded to Strong Buy: Here's What You Should Know
Freddie Mac Announces Results of Tender Offer for Certain STACR Notes
Fannie Mae And Freddie Mac: Positive Q3 Results May Have Reversed The Downtrend (Upgrade)
What Freddie Mac (FMCC) Said on Its Q3 Earnings Call
Mortgage Rates Decline Further to 7.24%
Federal Home Loan Mortgage Corporation (FMCC) Q3 2026 Earnings Call Prepared Remarks Transcript
Freddie Mac Announces Third Quarter 2026 Financial Results
Freddie Mac Sells $3.8 Million in Non-Performing Loans
Freddie Mac Announces Release Date for Third Quarter 2026 Financial Results
Freddie Mac Issues Monthly Volume Summary for September 2026
Freddie Mac Prices Approximately $243.4 Million SLST Securitization