Last $2.38 USD
Change Today -0.03 / -1.24%
Volume 1.8M
As of 8:10 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

freddie mac (FMCC) Snapshot

Open
$2.41
Previous Close
$2.41
Day High
$2.42
Day Low
$2.36
52 Week High
03/11/14 - $6.00
52 Week Low
10/2/14 - $1.44
Market Cap
7.7B
Average Volume 10 Days
4.8M
EPS TTM
$-1.07
Shares Outstanding
3.2B
EX-Date
09/7/08
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FREDDIE MAC (FMCC)

freddie mac (FMCC) Details

Federal Home Loan Mortgage Corporation provides credit guarantee for residential mortgages originated by mortgage lenders and invests in mortgage loans and mortgage-related securities in the United States. It operates in three segments: Single-Family Guarantee, Investments, and Multifamily. The Single-Family Guarantee segment purchases single-family mortgage loans originated by its seller/servicers in the primary mortgage market; securitizes the purchased mortgage loans into guaranteed mortgage-related securities; and guarantees the payment of principal and interest on the mortgage-related securities. This segment serves lenders, including mortgage banking companies, commercial banks, community banks, credit unions, housing finance agencies (HFAs), and thrift institutions. The Investments segment invests principally in mortgage-related securities and single-family performing mortgage loans that are funded by other debt issuances and hedged using derivatives. It serves insurance companies, money managers, central banks, depository institutions, and pension funds. The Multifamily segment is engaged in the investment, purchase, sale, securitization, and guarantee of multifamily mortgage loans and securities; issues other structured securities; guarantees multifamily HFA bonds and housing revenue bonds held by third parties; and offers post-construction financing to larger apartment project operators. Federal Home Loan Mortgage Corporation was founded in 1970 and is based in McLean, Virginia.

5,053 Employees
Last Reported Date: 02/27/14
Founded in 1970

freddie mac (FMCC) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $600.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $811.2K
Executive Vice President, General Counsel and...
Total Annual Compensation: $1.8M
Executive Vice President of Single-Family Bus...
Total Annual Compensation: $1.5M
Chief Administrative Officer and Executive Vi...
Total Annual Compensation: $1.4M
Compensation as of Fiscal Year 2013.

freddie mac (FMCC) Key Developments

Federal Home Loan Mortgage Corporation to Report October,2014 Sales/Trading Statement Results on Nov 25, 2014

Federal Home Loan Mortgage Corporation announced that they will report October, 2014 sales/trading statement results on Nov 25, 2014

Freddie Mac Improves Transparency of Single-Family Loan-Level Publicly Available Data

Freddie Mac announced that it is increasing investor transparency by adding loan-level actual loss data to its Single Family Loan-Level Historical Dataset. The enhanced dataset will increase transparency, which helps investors build more accurate credit performance models in support of the company's Single-Family credit risk offerings.

Freddie Mac Announces Consolidated Earnings Results for the Third Quarter Ended September 30, 2014

Freddie Mac announced consolidated earnings results for the third quarter ended September 30, 2014. The company reported net income of $2.1 billion for the third quarter of 2014, compared to $1.4 billion for the second quarter of 2014. The company also reported comprehensive income of $2.8 billion for the third quarter of 2014, compared to $1.9 billion for the second quarter of 2014. Net interest income was $3.7 billion and pre-tax income was $3.0 billion against net interest income of $3.5 billion and pre-tax income of $2.0 billion a year ago. The increase in net income primarily reflects lower derivative losses, as most long-term interest rates increased during the third quarter, and higher income from legal settlements related to private-label securities (PLS).

 

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FMCC Competitors

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Industry Analysis

FMCC

Industry Average

Valuation FMCC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.7x
Price/Book NM Not Meaningful
Price/Cash Flow 0.1x
TEV/Sales NM Not Meaningful
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