Streetbeat News

FMCC

Federal Home Loan Mortgage Corp

http://www.freddiemac.com/

CEO

David Brickman

Employees

7,301

Industry

Savings Institutions

Open

2.54

Mkt cap

1.6B

Volume

984K

High

2.59

P/E Ratio

-50.20

52-wk high

3.56

Low

2.50

Div yield

N/A

52-wk low

0.62

Freddie Mac's latest survey indicates a drop in the 30-year fixed-rate mortgage to an average of 6.60%.

Portfolio Pulse from

December 12, 2024 | 5:15 pm

Fannie Mae and Freddie Mac, major mortgage backers, are facing challenges due to increasing climate risks such as floods and wildfires. Addressing these risks involves significant trade-offs.

Portfolio Pulse from

December 07, 2024 | 10:30 am

Freddie Mac's latest survey indicates a decrease in the 30-year fixed-rate mortgage, now averaging 6.69%.

Portfolio Pulse from

December 05, 2024 | 5:15 pm

Freddie Mac's study reveals that cost barriers limit the effectiveness of Housing Choice Vouchers (HCVs) for low-income renters, especially in high-rent areas. Even with increased voucher amounts, renting in expensive neighborhoods remains challenging.

Portfolio Pulse from

December 04, 2024 | 3:15 pm

Greystone has assisted Webster Bank N.A. in completing a $303 million Freddie Mac Q-Series securitization, involving 19 loans secured by 31 properties on the East Coast.

Portfolio Pulse from

December 02, 2024 | 4:30 pm

The Federal Housing Finance Agency announced that the conforming loan limit for mortgages backed by Freddie Mac and Fannie Mae will increase by 5.2% in 2025, exceeding $800,000.

Portfolio Pulse from

November 27, 2024 | 3:30 am

Freddie Mac released its Monthly Volume Summary for October 2024, detailing its mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.

Portfolio Pulse from

November 26, 2024 | 9:45 pm

Greystone has provided a $26 million Freddie Mac loan to refinance a 180-unit multifamily property in Myrtle Beach, South Carolina. The financing was originated by Avi Kozlowski for Eskay Management.

Portfolio Pulse from

November 25, 2024 | 7:15 pm

Freddie Mac's latest Primary Mortgage Market Survey reveals that the 30-year fixed-rate mortgage has increased to an average of 6.84%.

Portfolio Pulse from

November 21, 2024 | 5:15 pm

Freddie Mac has announced its multifamily loan purchase cap for 2025, set at $73 billion.

Portfolio Pulse from

November 18, 2024 | 6:45 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.