Federal Home Loan Mortgage Corporation (FMCC)

OTCMKTS: FMCC · Delayed Price · USD
1.365
+0.045 (3.41%)
Apr 23, 2024, 3:59 PM EDT - Market closed
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]

Sector Financials
IPO Date Mar 3, 1989
Employees 8,004
Stock Exchange OTCMKTS
Ticker Symbol FMCC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for FMCC stock is "Buy" and the 12-month stock price forecast is $2.5.

Price Target
$2.5
(83.15% upside)
Analyst Consensus: Buy

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...

5 days ago - GlobeNewsWire

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.

6 days ago - Market Watch

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

7 days ago - GlobeNewsWire

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...

7 days ago - Newsfile Corp

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...

8 days ago - GlobeNewsWire

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...

12 days ago - GlobeNewsWire

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...

14 days ago - GlobeNewsWire

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...

19 days ago - GlobeNewsWire

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...

21 days ago - Business Wire

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...

26 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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 ...

5 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - Business Wire

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...

6 weeks ago - GlobeNewsWire

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.

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire