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FMCC FREDDIE MAC
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About FREDDIE MAC Company
Federal Home Loan Mortgage Corp. engages in providing housing finance system solutions. It operates through the Single-Family and Multifamily segments. The Single-Family segment engages in purchase, securitization, and guarantee of single-family loans and management of single-family mortgage credit risk. The Multifamily segment engages in purchase, sale, securitization, and guarantee of multifamily loans and securities, and management of multifamily mortgage credit risk and market spread risk. The company was founded on July 24, 1970 and is headquartered in McLean, VA.
Revenue Breakdown
News
Real Estate Emerges as Top Performer Since November. Will the Momentum Continue Into 2024?
The real estate sector still lags behind the broader market year-to-date, but according to Bank of America, the group may be a bright spot heading into 2024.
Nearing Seven Percent, Mortgage Rates Continue to Decrease
MCLEAN, Va., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaged 7.03
Freddie Mac Announces Action to Make Down Payment Assistance Programs More Accessible for Individuals and Families Across the Nation
MCLEAN, Va., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) today announced new, standardized mortgage documents that increase clarity, consistency and accessibility of down payment assistance (DPA)
Comments
ColumnsWall Street Today | Market Slows on Oil Decline
U.S. stocks were taking a breather on Thursday following a rally that has carried the Nasdaq nearly 10% higher since the beginning of November, allowing both the tech-heavy index and the S&P 500 to exit correction territory. WTI Crude dropped more than 4.7%, pulling the market lower.
The $S&P 500 Index(.SPX.US$ rises 0.12%, the $Dow Jones Industrial Average(.DJI.US$ shed 45 points, or 0.13%, and the $Nasdaq Composite Index(.IXIC.US$ close...


ColumnsBlackstone's US$560 million CMBS default, where does the financial pressure come from?
560 million US dollars, Finland, European real estate, formed the key words of the Blackstone default event. 560 million US dollars is the scale of this default, and behind the incident, a Finnish company is also involved, as well as bonds backed by the commercial real estate it owns.
On Thursday, loan ...
ColumnsWall Street Today | Treasury Yield-Curve Inversion Reaches Deepest Level Since 1980s
Barkin Says Fed Needs to 'Stay The Course' in Inflation Fight
"With demand slowing but still resilient, labor markets healthy and the added and unfortunately enduring shock of the war in Ukraine, it shouldn't be a surprise that inflation — while likely past its peak — is still elevated," Federal Reserve Bank of Richmond President Thomas Barkin said. "That, of course, is what makes the case for us to stay th...

One of the few times Munger and Buffett publicly recommended a stock.
Freddie Mac- 23% return on equity, 8x P/E ratio and 15% growth rate.
Buffett called this a "triple dip".
Reminds me of 360 DigiTech now but stock thread for another day.
$Berkshire Hathaway 13F(BK2999.US$$Berkshire Hathaway-A(BRK.A.US$$Berkshire Hathaway-B(BRK.B.US$$Apple(AAPL.US$$FREDDIE MAC(FMCC.US$

ColumnsWall Street Today | Powell hammers home 'unconditional' commitment to cool prices
Powell Hammers Home 'Unconditional' Commitment to Cool Prices
Federal Reserve Chair Jerome Powell called his commitment to curbing inflation "unconditional" and another of his colleagues backed raising interest rates by 75 basis points again next month, even as Democrats warned him against triggering a recession.
"We have a labor market that is sort of unsustainably hot and we're very far from our inflation ta...

ColumnsWall Street Today | Musk pledges no changes at Twitter — for 'exceptional' workers
JPMorgan Strategists Say Stocks Imply 85% Chance of US Recession
The warning from quant and derivatives strategists is based on the average 26% decline for the $S&P 500 Index(.SPX.US$ during the past 11 recessions and follows the US benchmark's collapse into a bear market amid concerns about surging inflation and aggressive interest rate hikes.
Mortgage Rates Hit 5.78%, Highest Level Since 2008
The average r...

ColumnsBull Session | U.S. mortgage rates are approaching 5%, would you buy a house now?
According to the $FREDDIE MAC(FMCC.US$, the Federal Home Loan Mortgage Corporation, the average rate for a 30-year fixed home loan edged up to 4.72% from last week's 4.67%, hitting the highest point since December 2018.
Mortgage rates have increased 1.5 percentage points over the last three months alone, the fastest thr...
