Federal Home Loan Mortgage Corporation (FMCC)
| Market Cap | 390.04M |
| Revenue (ttm) | 22.18B |
| Net Income (ttm) | 9.53B |
| Shares Out | 650.06M |
| EPS (ttm) | 0.07 |
| PE Ratio | 8.57 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 623,676 |
| Open | 0.607 |
| Previous Close | 0.605 |
| Day's Range | 0.596 - 0.620 |
| 52-Week Range | 0.400 - 1.210 |
| Beta | 2.23 |
| Analysts | Sell |
| Price Target | 0.82 (+36.7%) |
| Earnings Date | Jul 27, 2022 |
About FMCC
Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases single-family and multifamily residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. 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 risk, as well as manages mortgage-related investments portfolio, single-family sec... [Read more...]
Financial Performance
In 2021, FMCC's revenue was $21.95 billion, an increase of 31.77% compared to the previous year's $16.66 billion. Earnings were $12.11 billion, an increase of 65.29%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for FMCC stock is "Sell." The 12-month stock price forecast is 0.82, which is an increase of 36.67% from the latest price.
News
Mortgage Rates Revert from Last Week
MCLEAN, Va., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) ave...
Nearly 60% of Renters saw Rent Increase in Past 12 Months
4 in 10 saw wage gains, one-third of those say raises won't cover increased rent 4 in 10 saw wage gains, one-third of those say raises won't cover increased rent
Freddie Mac Updates Results of Tender Offer for Certain STACR Debt Notes
MCLEAN, Va., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) (the “Company”) today updated the tender results of its previously announced offer to purchase any and all of the STACR® (Structu...
Freddie Mac Discloses Dodd-Frank Act Stress Test Results
MCLEAN, Va., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted the results of its 2022 stress test for the severely adverse scenario conducted under the Federal Housing Finance Ag...
Mortgage Rates Jump Up
MCLEAN, Va., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) ave...
Freddie Mac Announces Results of Tender Offer for Certain STACR Debt Notes
MCLEAN, Va., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) (the “Company”) today announced the tender results of its previously announced offer to purchase any and all of the STACR® (Struc...
Mortgage Rates Drop Below Five Percent
MCLEAN, Va., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) av...
First Servicer Using Proprietary System Integrates with Freddie Mac's Resolve® Default Management Tool
MCLEAN, Va., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the first servicer to integrate their proprietary system with Freddie Mac's Resolve® default management tool via ...
Freddie Mac Multifamily Midyear Outlook Shows Moderation on Macro Headwinds
MCLEAN, Va., Aug. 02, 2022 (GLOBE NEWSWIRE) -- After six months of healthy growth in multifamily fundamentals, Freddie Mac (OTCQB: FMCC) projects the pace of growth will begin to moderate through the re...
Freddie Mac Announces Tender Offer for Any and All of Certain STACR Debt Notes
MCLEAN, Va., Aug. 02, 2022 (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 dip as recession fears rattle housing market: Freddie Mac
“Purchase demand continues to tumble," according to Freddie Mac chief economist Sam Khater.
Housing market demand continues to tumble even as mortgage rates dip, says Freddie Mac
"We are seeing a period of deflated sales activity until the market normalizes," Freddie Mac's chief economist said.
Mortgage Rates Continue to Fluctuate
MCLEAN, Va., July 28, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) ave...
Freddie Mac Reports Second Quarter 2022 Financial Results
MCLEAN, Va., July 28, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today reported its second quarter 2022 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and...
Freddie Mac Announces Release Date for Second Quarter 2022 Financial Results
MCLEAN, Va., July 25, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to report its second quarter 2022 financial results before the U.S. financial markets open on Thursd...
Freddie Mac Issues Monthly Volume Summary for June 2022
MCLEAN, Va., July 25, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for June 2022, which provides information on Freddie Mac's mortgage-relate...
Freddie Mac Names Dennis Hermonstyne Jr., Senior Vice President and Chief Compliance Officer
MCLEAN, Va., July 22, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today that Dennis Hermonstyne Jr., is joining the company as senior vice president and chief compliance officer (CCO). ...
Freddie Mac Research Shows States' Varying Approaches to Climate Resiliency for Low Income Housing Development
MCLEAN, Va., July 21, 2022 (GLOBE NEWSWIRE) -- With the number and cost of weather and climate disasters rising, states have implemented a range of requirements and incentives aimed at mitigating the im...
Mortgage Rates Continue to Inch Up
MCLEAN, Va., July 21, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) ave...
Freddie Mac: Market Slowdown will Continue as High Rates and Prices Exacerbate Affordability Challenges
Company Releases Quarterly Forecast Company Releases Quarterly Forecast
Why Shares of Fannie Mae and Freddie Mac Exploded Higher Today
There is no obvious reason for the move.
Mortgage Rates Shift Upward
MCLEAN, Va., July 14, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) ave...
Former LIHTC Properties Remain Affordable, Freddie Mac Multifamily Research Finds
Properties that Benefit from Federal Tax Subsidies Rarely Increase Rents Significantly After Exiting Program Properties that Benefit from Federal Tax Subsidies Rarely Increase Rents Significantly After ...
Mortgage Rates Drop
MCLEAN, Va., July 07, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) av...
Mortgage Rates Pause from their Ascent
MCLEAN, Va., June 30, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) avera...