FMCC - Freddie Mac

Other OTC - Other OTC Delayed Price. Currency in USD
2.8775
-0.0225 (-0.78%)
At close: 3:59PM EDT
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Previous Close2.9000
Open2.9200
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range2.8400 - 2.9500
52 Week Range0.9800 - 3.1000
Volume1,548,578
Avg. Volume2,436,066
Market Cap9.269B
Beta (3Y Monthly)3.60
PE Ratio (TTM)21.80
EPS (TTM)0.1320
Earnings DateJul 29, 2019 - Aug 2, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2008-06-12
1y Target Est1.00
Trade prices are not sourced from all markets
  • Fannie Mae & Freddie Mac to return to private owners: RPT
    Yahoo Finance Video17 days ago

    Fannie Mae & Freddie Mac to return to private owners: RPT

    Yahoo Finance's Adam Shapiro, Julie Hyman, and Brian Cheung discuss.

  • Moody's3 days ago

    Moody's proposes update to methodology for rating US prime residential mortgage-backed securities

    Moody's Investors Service is seeking feedback from market participants on proposed changes to its approach to rating US prime residential mortgage-backed securities (RMBS) backed by government-sponsored enterprise (GSE) and private label prime first-lien mortgage loans originated during or after 2009. Unless changes are made following the comment period, this updated credit rating methodology will be adopted as proposed. The proposed changes would enhance the methodology and applicable models for rating and monitoring ratings of US prime RMBS by updating components of our collateral analysis model known as Moody's Individual Loan Analysis (MILAN).

  • A $4 Trillion Risk Tied to Freeing Fannie and Freddie Could Hurt U.S. Homebuyers
    Bloomberg3 days ago

    A $4 Trillion Risk Tied to Freeing Fannie and Freddie Could Hurt U.S. Homebuyers

    Concern that the administration might try to release the companies with no federal backstop has largely been triggered by their regulator, Federal Housing Finance Agency Director Mark Calabria. An appointee of President Donald Trump, he suggested in media interviews last month that he thought Fannie and Freddie could survive without one by building up capital buffers and reducing market risk. Treasury Secretary Steven Mnuchin, who Calabria will collaborate with on many reforms, has said that he would prefer there be an explicit backstop, though he hasn’t ruled out bypassing Congress to free Fannie and Freddie.

  • Reuters4 days ago

    UPDATE 1-Fannie, Freddie govt guarantee should be limited -U.S. housing finance chief

    The head of the U.S. Federal Housing Finance Agency (FHFA) said on Thursday that Congress should create a "limited" explicit guarantee for government-sponsored enterprises Fannie Mae and Freddie Mac. "The explicit guarantee should be limited, clearly defined, and paid for," Mark Calabria told an audience in Washington. Fannie and Freddie have operated under government conservatorship since they were bailed out during the 2008 subprime mortgage crisis.

  • Moody's4 days ago

    Structured Agency Credit Risk (STACR) Debt Notes, Series 2017-HQA3 -- Moody's upgrades $814.6 Million of GSE credit risk transfer (CRT) RMBS issued from 2014 to 2017

    Rating Action: Moody's upgrades $814.6 Million of GSE credit risk transfer RMBS issued from 2014 to 2017. Global Credit Research- 13 Jun 2019. New York, June 13, 2019-- Moody's Investors Service has upgraded ...

  • Warren Asks If Kushner Got Special Treatment on Freddie Mac Loan
    Bloomberg4 days ago

    Warren Asks If Kushner Got Special Treatment on Freddie Mac Loan

    Jared Kushner, the former chief executive officer of Kushner Cos., maintained ownership of some assets associated with the real estate company while divesting others to close family members when he became an adviser to his father-in-law, President Donald Trump. Kushner’s status, combined with the size of the loan backed by federally chartered Freddie Mac, raise “serious questions about conflicts of interest and whether Kushner Companies may have received special treatment” from Freddie, the senators wrote in a June 13 letter to Freddie’s chief executive officer, Donald H. Layton.

  • GlobeNewswire4 days ago

    Freddie Mac Announces Pricing of $477 Million Multifamily Small Balance Loan Securitization

    MCLEAN, Va., June 13, 2019 -- Freddie Mac (OTCQB: FMCC) announces the pricing of the SB63 offering, a multifamily mortgage-backed securitization backed by small balance loans.

  • GlobeNewswire4 days ago

    Mortgage Rates Hold Steady

    MCLEAN, Va., June 13, 2019 -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage.

  • Bloomberg5 days ago

    Fannie-Freddie Regulator Asks Congress to Help End U.S. Control

    Lawmakers should pursue measures that reduce taxpayer risk, promote competition and support sustainable home-ownership, Federal Housing Finance Agency Director Mark Calabria wrote in a letter accompanying his first annual report to Congress. “Reform remains overdue, despite prior efforts, and we should view this task with some urgency,” Calabria wrote in the letter dated June 11. Congress has failed in repeated efforts to deal with Fannie and Freddie, which have been under U.S. conservatorship since they were seized by regulators as the mortgage market collapsed in 2008.

  • Financial Times5 days ago

    US homeowners rush to refinance on lower rates

    US homeowners are rushing to refinance their mortgages, taking advantage of a drop in borrowing costs triggered by lingering trade tensions and growth concerns that have fuelled a global bond rally. Applications to refinance home loans rose 47 per cent for the week to June 7, according to an index from the Mortgage Bankers Association, reaching levels last seen in November 2016, shortly before the Federal Reserve increased its pace of interest rate increases, pushing mortgage borrowing costs higher. The rise in mortgage applications comes as the average interest on a 30-year fixed rate mortgage has fallen from 4.42 per cent at the beginning of May, when trade tensions began to escalate, to 4.12 per cent in the latest MBA data.

  • Moody's6 days ago

    OBX 2019-INV2 Trust -- Moody's Investors Service ("Moody's") assigns provisional ratings to Prime RMBS issued by OBX 2019-INV2 Trust

    Moody's Investors Service has assigned provisional ratings to 38 classes of residential mortgage-backed securities (RMBS) issued by OBX 2019-INV2 Trust (OBX 2019-INV2). OBX 2019-INV2, the third rated issue from Onslow Bay Financial LLC (Onslow Bay) in 2019, is a prime RMBS securitization of fixed-rate, agency-eligible mortgage loans secured by first liens on non-owner occupied residential properties with original terms to maturity of mostly 30 years.

  • Fannie-Freddie Shares Slide as Mnuchin Dims Investors' Hopes
    Bloomberg7 days ago

    Fannie-Freddie Shares Slide as Mnuchin Dims Investors' Hopes

    In a June 8 interview, Mnuchin was adamant that the Trump administration won’t just let Fannie and Freddie build up their capital buffers and then release the companies. Fannie and Freddie shares fell on his comments. “What we’re not going to do is business as usual with no changes, just re-capitalize them and float them,” said Mnuchin, referring to a possible public offering of Fannie and Freddie shares.

  • GlobeNewswire7 days ago

    Freddie Mac to Launch New Line of Environmental and Social Impact Securities

    Freddie Mac (FMCC) today announced it will soon go to market with a new deal designed to meet the needs of investors seeking “green” bonds. The KG-Deals are the environmental and social impact series of Freddie Mac’s flagship K-Deal program. Freddie Mac has purchased more than $44.7 billion in green loans since the inception of the program in 2016.

  • GlobeNewswire10 days ago

    Freddie Mac Prices $645 Million Multifamily K-Deal, K-LU1

    MCLEAN, Va., June 07, 2019 -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily.

  • Weak May Jobs Growth Keeps Mortgage Rates Insanely Low
    The Basis Point10 days ago

    Weak May Jobs Growth Keeps Mortgage Rates Insanely Low

    Bad jobs mean lower rates. How long will it last for homebuyers and refinancers?

  • GlobeNewswire10 days ago

    Freddie Mac Prices $504 Million Multifamily K-Deal, K-C04

    MCLEAN, Va., June 07, 2019 -- Freddie Mac (OTCQB: FMCC) recently priced a K-C Series offering of Structured Pass-Through Certificates (K Certificates), which are multifamily.

  • GlobeNewswire11 days ago

    30-Year Fixed Rate Mortgage Rate Nears Two-Year Low

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage rate fell to 3.82 percent, the sixth consecutive weekly decline and its lowest level since September 2017. Sam Khater, Freddie Mac’s chief economist, says, “While the drop in mortgage rates is a good opportunity for consumers to save on their mortgage payment, our research indicates that there can be a wide dispersion among mortgage rate offers.

  • GlobeNewswire11 days ago

    Freddie Mac Announces “All For Home” to Create New Understanding and Opportunities to Empower Homeownership

    Freddie Mac (FMCC) announced today All For Home, a new approach to its Single-Family affordable lending mission, which is driving industry change by providing education, mortgage offerings, business solutions, and insights to lenders and the affordable housing ecosystem. “For nearly 50 years, Freddie Mac has been making home possible for millions of people who wish to purchase a home,” said Danny Gardner, Senior Vice President of Single-Family Affordable Lending and Access to Credit at Freddie Mac. With All For Home, Freddie Mac Single-Family is working to change the perception of affordable lending by providing thought leadership, educational resources and innovative, collaborative solutions to enable lenders and partners to reach more people who want to own a home.

  • GlobeNewswire13 days ago

    Freddie Mac Settles $1.2 Billion SLST Securitization

    Freddie Mac (FMCC) today announced the settlement of the first Seasoned Loans Structured Transaction Trust (SLST) offering of 2019—a securitization of approximately $1.2 billion including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned re-performing loans (RPLs). The SLST program is a fundamental part of Freddie Mac's seasoned loan offerings which reduce less-liquid assets in its mortgage-related investments portfolio and shed credit and market risk via economically reasonable transactions. Freddie Mac Seasoned Loans Structured Transaction Trust, Series 2019-1 includes approximately $942 million in guaranteed senior certificates and approximately $276 million in non-guaranteed subordinate certificates.

  • GlobeNewswire14 days ago

    Statement on Launch of New Uniform Mortgage-Backed Security (UMBS)

    Americans will benefit from the efficiency and standardization brought about by this new common security. The success of the initiative is a direct result of Freddie Mac’s collaboration with Fannie Mae, Common Securitization Solutions, FHFA, and thousands across the U.S. housing finance industry. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.

  • Moody's17 days ago

    CIM Trust 2019-INV2 -- Moody's assigns definitive ratings to Prime RMBS issued by CIM Trust 2019-INV2

    Moody's Investors Service (Moody's) has assigned definitive ratings to 24 classes of residential mortgage-backed securities (RMBS) issued by CIM Trust 2019-INV2. CIM Trust 2019-INV2, the second rated transaction sponsored by Chimera Investment Corporation (Chimera or the Sponsor) in 2019, is a prime RMBS securitization of fixed-rate investment property mortgage loans secured by first liens on agency-eligible non-owner occupied residential investor properties with original term to maturity of up to 30 years. All of the loans are underwritten in accordance with Freddie Mac or Fannie Mae guidelines, which take into consideration, among other factors, the income, assets, employment and credit score of the borrower.

  • Moody's17 days ago

    Housing Finance Authority of Pinellas County, FL, Single Family Housing Revenue Bonds (Multi-County Program), 2019 Series A (Non-AMT), $15MM -- Moody's assigns Aaa to Housing Finance Authority of Pinellas County, FL Single Family Hsg Rev Bonds 2019 Series A

    Moody's Investors Service has assigned Aaa rating to the proposed $15,000,000 sale of Housing Finance Authority of Pinellas County, FL's (The Authority) Single Family Housing Revenue Bonds (Multi-County Program) 2019 Series A (Non-AMT). The rating is based on the high quality of the mortgage-backed securities, a sound legal structure and cash flow projections under a range of appropriate prepayment assumptions that indicate sufficient revenues to pay timely debt service and program expenses. The 2019 Series A bonds will be used to purchase mortgage-backed securities secured by loans made to finance single family homes within three participating counties: Pinellas, Pasco and Polk.

  • Family First: Is it time to buy? Mortgage rates at 16-month low
    Yahoo Finance17 days ago

    Family First: Is it time to buy? Mortgage rates at 16-month low

    It’s more affordable to buy a house today as mortgage rates have dropped to a 16-month low.

  • US long-term mortgage rates fall; 30-year average below 4%
    Associated Press18 days ago

    US long-term mortgage rates fall; 30-year average below 4%

    WASHINGTON (AP) — U.S. long-term mortgage rates fell for the fifth consecutive week, tipping the key 30-year loan average below 4% for the first time in nearly a year and a half.