FM

Federal Home Loan Mortgage

FMCC
OTCFinancials
$6.57
USD
-0.03(-0.45%)
At close: Apr 29, 20:00 UTC
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Market Snapshot

Market Cap

$4.27B

P/E Ratio

-54.8

Revenue

$23.91B

Why FMCC moved

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About

Freddie Mac engages in the provision of housing finance system solutions. The company is headquartered in Mclean, Virginia and currently employs 7,334 full-time employees. The firm is engaged in purchasing single-family and multifamily residential mortgage loans originated by lenders. The Company’s Single-Family segment provides liquidity and support to the single-family mortgage market through a variety of activities that include the purchase, securitization, and guarantee of single-family loans originated by lenders. Its Single-Family business consists of activities related to providing market liquidity by purchasing and securitizing mortgage loans and issuing guaranteed mortgage-related securities, transferring credit risk, performing loss-mitigation activities, and investing in mortgage-related and other investments. Its Multifamily segment includes the purchase, securitization, and guarantee of multifamily loans, its investments in multifamily loans and mortgage-related securities, and the management of multifamily mortgage credit risk and market risk.

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