Federal Home Loan Mortgage Corporation (FMCC)
Market Cap | 981.59M |
Revenue (ttm) | 22.16B |
Net Income (ttm) | 8.25B |
Shares Out | 650.06M |
EPS (ttm) | -0.02 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 374,559 |
Open | 1.480 |
Previous Close | 1.480 |
Day's Range | n/a |
52-Week Range | 0.400 - 1.750 |
Beta | 1.46 |
Analysts | Buy |
Price Target | 2.50 (+65.56%) |
Earnings Date | Aug 4, 2015 |
About FMCC
Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. It operates through two segments, Single-Family and Multifamily. The Single-Family segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit and market risk, as well as manages mortgage-related investments portfolio, single-family securitization activities, and treasury functions. This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions,... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for FMCC stock is "Buy" and the 12-month stock price forecast is $2.5.
News
Mortgage Rates Continue to Decrease
MCLEAN, Va., May 16, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) aver...
Whatever You Do, Don't Let Freddie Mac Finance Second Mortgages
Economists incorrectly believe consumption powers economic growth. Actually, consumption is a consequence of economic growth.
Freddie Mac Announces 2024 Home Possible RISE Award® Winners for Helping Very Low- to Low-Income Homebuyers
MCLEAN, Va., May 13, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the winners of its Home Possible RISE Awards ® . The annual program, RISE (Recognizing Individuals for Sustained...
Freddie Mac Announces Results of Tender Offer for Certain STACR Notes
MCLEAN, Va., May 13, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) (the “Company”) today announced the tender results of its previously announced offer to purchase (the “Offer”) any and all of th...
Mortgage Rates Decrease for the First Time Since March
MCLEAN, Va., May 09, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averag...
KBRA Assigns Preliminary Ratings to Freddie Mac's STACR 2024-DNA2
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 24 classes from Freddie Mac Structured Agency Credit Risk (STACR®) REMIC 2024-DNA2 Notes, Freddie Mac STACR REMIC T...
Freddie Mac Announces Tender Offer for Any and All of Certain STACR Notes
MCLEAN, Va., May 06, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has commenced a fixed-price cash tender offer (the “Offer”) for the purchase of any and all of the STACR...
Mortgage rates increase for fifth week in a row, and home buyers ‘will likely not see relief' anytime soon
The 30-year fixed-rate mortgage rose and averaged 7.22% as of May 2, according to data released by Freddie Mac FMCC, +0.21% on Thursday.
Rates Increase Again and at a Key Moment for the Housing Market
MCLEAN, Va., May 02, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averag...
Freddie Mac Announces First Quarter 2024 Financial Results
MCLEAN, Va., May 01, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today reported its First Quarter 2024 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and...
Freddie Mac Announces Release Date for First Quarter 2024 Financial Results
MCLEAN, Va., April 30, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to report its First Quarter 2024 financial results before the U.S. financial markets open on Wedn...
Freddie Mac Sells $5.7 Million in Non-Performing Loans
MCLEAN, Va., April 30, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 20 deeply delinquent non-performing residential first lien loans (NPLs) from its mortgage-...
Freddie Mac Delivers 2024 Equitable Housing Finance Plan
Update to three-year Plan continues progress on equitable and sustainable housing Update to three-year Plan continues progress on equitable and sustainable housing
Freddie Mac Issues Monthly Volume Summary for March 2024
McLEAN, Va., April 25, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for March 2024, which provides information on Freddie Mac's mortgage-re...
Mortgage Rates Exceed 7 Percent for the First Time this Year
MCLEAN, Va., April 18, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) aver...
Freddie Mac wants a new role financing homeowners sitting on equity. This group isn't happy.
Housing giant Freddie Mac wants the greenlight to expand its already dominant footprint in the estimated $44.8 trillion U.S. housing market. Not everyone is on board.
Freddie Mac Multifamily Announces More Than $20 Billion in Impact Bonds Issued Since Program Inception
Impact of Green, Social and Sustainability Bonds Detailed in New Report Impact of Green, Social and Sustainability Bonds Detailed in New Report
Pinata, the Nation's Only Reward and Credit-Building Program, and Freddie Mac Announce First-of-its-Kind Partnership
Pinata Will Join Freddie Mac's Multifamily Division as its First Credit Building Rewards Partner, Expanding Opportunities for Renters to Improve their Credit Scores and Get Rewarded Just by Paying Ren...
Freddie Mac Multifamily Enhances Policies to Strengthen Due Diligence, Deter Fraud and Reduce Risks
MCLEAN, Va., April 15, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced a series of policy and process enhancements that further strengthen underwriting due diligence, bo...
Mortgage Rates Move Toward Seven Percent as Markets Digest Incoming Data
MCLEAN, Va., April 11, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) aver...
Freddie Mac Sells $104 Million in Non-Performing Loans
MCLEAN, Va., April 09, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 679 deeply delinquent non-performing residential first lien loans (NPLs) from its mortgage...
Mortgage Rates Continue to Show Little Movement
MCLEAN, Va., April 04, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) aver...
KBRA Assigns Preliminary Ratings to FREMF 2024-K755 and Freddie Mac Structured Pass-Through Certificate Series K-755
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2024-K755 mortgage pass-through certificates and thre...
Mortgage Rates Drop Slightly
MCLEAN, Va., March 28, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) aver...
Freddie Mac Issues Monthly Volume Summary for February 2024
MCLEAN, Va., March 25, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for February 2024, which provides information on Freddie Mac's mortgage...