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Federal Home Loan Mortgage Corporation (FMCC)

-OTC BB

2.69 Up 0.69(34.50%) 12:59PM EDT

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Federal Home Loan Mortgage Corporation
8200 Jones Branch Drive
McLean, VA 22102-3110
United States - Map
Phone: 703-903-2000
Fax: 703-903-2759
Website: http://www.freddiemac.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Mortgage Investment
Full Time Employees:4,961

Business Summary 

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, savings banks, community banks, credit unions, housing finance agencies (HFAs), and savings and loan associations. 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 engages 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 headquartered in McLean, Virginia.

Key Statistics


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Key Executives 
 PayExercised
Mr. Donald H. Layton ACIS, LLB, 62
Chief Exec. Officer and Director
368.00K0.00
Mr. Ross J. Kari , 55
Chief Financial Officer and Exec. VP
3.81M0.00
Mr. Jerry Weiss , 55
Chief Admin. Officer and Exec. VP
2.41M0.00
Ms. Paige H. Wisdom , 51
Chief Enterprise Risk Officer and Exec. VP
2.12M0.00
Mr. Joseph A. Rossi , 60
Sr. VP of Operations and Technology
N/AN/A
Amounts are as of Dec 30, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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