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    Federal Home Loan Mortgage Corporation (FMCC)

    -OTC BB
    1.35 Down 0.02(1.10%) Feb 10, 3:59PM EST
    |Pre-Market : NaN
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    Federal Home Loan Mortgage Corporation
    8200 Jones Branch Drive
    McLean, VA 22102
    United States - Map
    Phone: 703-903-2000
    Website: http://www.freddiemac.com

    Index Membership:N/A
    Industry:Mortgage Investment
    Full Time Employees:4,957

    Business Summary 

    Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company provides credit guarantee for mortgages originated by mortgage lenders in the primary mortgage market, as well as invests in mortgage loans and mortgage-related securities. 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; uses the mortgage securitization process to package the 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, other non-depository financial institutions, housing finance agencies (HFAs), and thrift institutions. The Investments segment invests principally in mortgage-related securities and single-family performing mortgage loans. It serves insurance companies, money managers, central banks, depository institutions, and pension funds. The Multifamily segment engages in the purchase, sale, securitization, and guarantee of multifamily mortgage loans and securities; issuance of other structured securities; guarantee of multifamily housing revenue bonds; and provision of post-construction financing to apartment project operators. Federal Home Loan Mortgage Corporation was founded in 1970 and is based in McLean, Virginia.

    Key Statistics

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    Key Executives 
    Mr. Donald H. Layton ACIS, LLB, 65
    Chief Exec. Officer, Director and Member of Exec. Committee
    Mr. James G. Mackey , 49
    Chief Financial Officer and Exec. VP
    Mr. Jerry Weiss , 58
    Chief Admin. Officer and Exec. VP
    Mr. William H. McDavid , 69
    Exec. VP, Gen. Counsel and Corp. Sec.
    Mr. David B. Lowman , 58
    Exec. VP of Single-Family Bus.
    Amounts are as of Dec 31, 2014 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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