Federal Home Loan Mortgage Corp., headquartered in Mclean, Virginia with 7,799 employees, provides housing finance solutions by purchasing and investing in residential and multifamily mortgage loans and related securities. The company operates through two segments: Single-Family and Multifamily, focusing on loan purchase, securitization, guarantee, and risk management.
FMCC has been in the news recently: Freddie Mac reported a 6.95% average for 30-year fixed-rate mortgages on June 13, 2024. Additionally, Freddie Mac's Multifamily AIMI increased by 8.7% in Q1 2024, signaling improved investment conditions in the housing market.
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