Federal Home Loan Mortgage, based in McLean, Virginia, employs 8,004 staff and provides housing finance solutions by purchasing and securitizing residential mortgage loans. Its segments include Single-Family and Multifamily, focusing on liquidity, credit risk, and market support.
FMCC has been in the news recently: Freddie Mac's AIMI increased by 0.3% from the previous quarter and 2.2% compared to the same quarter last year, indicating varied performance across 25 markets in Q2 2024. In August, Maine experienced a slight rise in home sales with a median price of $400,000, although the inventory of homes for sale continues to be low.
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