FEDERAL HOME LOAN MORTGAGE CORPORATION

FMCC
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Overview

Previous Close5.64
Open5.61
Ask5.61
Bid5.60
Day's Range5.46 - 5.64
52 Week Range3.40 - 14.99
PE Ratio(TTM)
Market Cap3.6B
Volume404.2k
Avg. Volume2.24M
12 Months Earnings11.55B
12 Months Revenue22.96B

Profit/Loss

PARTICULARSTTM2023202220212020
Operating Revenue22.96B21.23B21.26B21.95B16.66B
Profit after Tax (Net Income)11.55B10.54B9.33B12.11B7.33B

Company Profile

Sector: Financial Services
Industry: Mortgage Finance
HQ Location: McLean, United States
Website: https://www.freddiemac.com
CEO & Director: Mr. Kenny M. Smith
Employees: 7,334
About Company:
Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company operates through two segments: Single-Family and Multifamily. The Single-Family segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit and market risk, as well as manages mortgage-related investments portfolio, single-family securitization activities, and treasury functions. This segment also serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, HFAs, savings institutions, and non-depository institutions. The Multifamily segment engages in the purchase, securitization, and guarantee of multifamily loans; issuance of multifamily K certificates; manages multifamily mortgage credit and market risk; and invests in multifamily loans and mortgage-related securities. It also serves banks and other depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, REITs, non-depository institutions, and brokers and dealers. Federal Home Loan Mortgage Corporation was incorporated in 1970 and is headquartered in McLean, Virginia.