Federal Home Loan Mortgage Corporation (FMCKP)

USD 16.83

(2.31%)

Market Cap (In USD)

1.73 Billion

Revenue (In USD)

107.66 Billion

Net Income (In USD)

10.53 Billion

Avg. Volume

13.13 Thousand

Currency
USD
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
3.84-16.8
PE
-
EPS
-
Beta Value
1.693
ISIN
US3134007315
CUSIP
313400731
CIK
1026214
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Financial - Mortgages
CEO
Ms. Diana W. Reid
Employee Count
-
Website
https://www.freddiemac.com
Ipo Date
2001-11-19
Details
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 securitization activities, and treasury functions. This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies, savings institutions, and non-depository financial institutions. The Multifamily segment engages in the purchase, sale, securitization, and guarantee of multifamily loans and securities through the issuance of multifamily K and SB certificates; issuing and guarantying other securitization products; issuing other credit risk transfer products; and provision of other mortgage-related guarantees. It serves banks and other depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, real estate investment trusts, brokers and dealers, and a range of lenders. The company was founded in 1970 and is headquartered in McLean, Virginia.