FMCC has been in the news 375% more than usual
Jul 31, 2024, 2:33 PM
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What does FMCC do
Federal Home Loan Mortgage Corp., headquartered in Mclean, Virginia, with 7,799 employees, provides housing finance solutions through purchasing and investing in residential and multifamily mortgage loans and securities. The company operates two segments: Single-Family and Multifamily, focusing on loan purchase, securitization, guarantee, and risk management.
FMCC has been in the news recently: Freddie Mac will release its Q2 2024 financial results on July 31, 2024, followed by a media call at 9 a.m. ET to discuss the findings. Ponce Financial Group, Inc. reported a net income of $3.1 million for Q2 2024, an increase from $2.4 million in Q1 2024.
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