Federal Home Loan Mortgage Corporation (FMCC)
Market Cap | 887.33M |
Revenue (ttm) | 21.23B |
Net Income (ttm) | 7.48B |
Shares Out | 650.06M |
EPS (ttm) | -0.05 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,514,888 |
Open | 1.310 |
Previous Close | 1.320 |
Day's Range | 1.310 - 1.380 |
52-Week Range | 0.400 - 1.750 |
Beta | 1.48 |
Analysts | Buy |
Price Target | 2.50 (+83.15%) |
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 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...
Mortgage Rates Increase, Nearing Seven Percent
MCLEAN, Va., March 21, 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 and ICE Collaborate to Help Lenders Improve Loan Quality
LAS VEGAS, March 19, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) and Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced they're workin...
Freddie Mac Announces Michael T. Hutchins as Interim CEO
MCLEAN, Va., March 15, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that the company has appointed President Michael T. Hutchins to the additional role of Interim Chief Executive...
Mortgage Rates Continue to Decrease
MCLEAN, Va., March 14, 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 Announces Results of Tender Offer for Certain STACR Notes
MCLEAN, Va., March 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 ...
Freddie Mac Multifamily Apartment Investment Market Index Finishes 2023 Up Nationwide Despite Fourth Quarter Decline
MCLEAN, Va., March 11, 2024 (GLOBE NEWSWIRE) -- The Freddie Mac (OTCQB: FMCC) Multifamily Apartment Investment Market Index® (AIMI®) decreased in the fourth quarter of 2023, but increased over the ful...
KBRA Assigns Preliminary Ratings to Freddie Mac's STACR 2024-HQA1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 24 classes from Freddie Mac Structured Agency Credit Risk (STACR®) REMIC 2024-HQA1 Notes, Freddie Mac STACR REMIC T...
Mortgage Rates Dip Down
MCLEAN, Va. , March 07, 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) ave...
Freddie Mac Announces $120 Million Non-Performing Loan Sale
MCLEAN, Va., March 06, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today it will offer approximately $120 million in non-performing loans (NPL) for sale via auction.
Freddie Mac Announces Tender Offer for Any and All of Certain STACR Notes
MCLEAN, Va., March 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 STA...
Freddie Mac Prices Approximately $618 Million Securitization of Re-Performing Loans
MCLEAN, Va., March 05, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today the pricing of its first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2024—a securitization of appro...
Mortgage Rates Increase for the Fourth Consecutive Week
MCLEAN, Va., Feb. 29, 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) avera...
Freddie Mac Issues Monthly Volume Summary for January 2024
MCLEAN, Va., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for January 2024, which provides information on Freddie Mac's mortgage-r...
Mortgage Rates Continue to Rise, Nearing Seven Percent
MCLEAN, Va., Feb. 22, 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) avera...