FMCC - Freddie Mac

Other OTC - Other OTC Delayed Price. Currency in USD
2.9750
+0.0750 (+2.59%)
At close: 3:59PM EDT
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Previous Close2.9000
Open2.9100
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range2.9100 - 3.0400
52 Week Range0.9800 - 3.0600
Volume9,905,954
Avg. Volume2,293,867
Market Cap9.583B
Beta (3Y Monthly)4.38
PE Ratio (TTM)22.54
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2008-06-12
1y Target EstN/A
Trade prices are not sourced from all markets
  • Fannie, Freddie shareholder payout is part of the reform discussion, regulator says in surprise move
    MarketWatch6 hours ago

    Fannie, Freddie shareholder payout is part of the reform discussion, regulator says in surprise move

    The head of the Federal Housing Finance Agency says there may be a payout for common shareholders of Fannie Mae and Freddie Mac.

  • Bloomberg9 hours ago

    Freddie Mac CEO Casts Doubt on Joint $125 Billion Fannie Funding

    Freddie’s outgoing chief executive officer says that’s easier said than done. Don Layton, who plans to step down July 1, said Tuesday that a capital plan issued a year ago by the companies’ regulator would require the mortgage giants to raise a combined $125 billion, in part by selling shares. To underscore how big a figure that is, Layton noted that the biggest initial public offering ever was Alibaba Group Holding Ltd.’s, in which the online retailer raised $25 billion.

  • GuruFocus.com4 days ago

    Bill Ackman's Pershing Square 1st Quarter Letter to Shareholders

    Pershing Square Holdings generated strong performance during the first quarter of 2019 and year-to -date. NAV per share increased 36.9% during the first quarter and by 38.4%1 year-to-date, compared with the S&P 500's year-to-date total return of 13.9%. Warning! GuruFocus has detected 5 Warning Signs with FNMA.

  • Moody's4 days ago

    FREMF 2015-K42 Mortgage Trust -- Moody's affirms six CMBS REMIC classes of FREMF 2015-K42 and affirms the ratings of three SPC classes of Freddie Mac SPCs, Series K-042

    Moody's Investors Service, ("Moody's") has affirmed the ratings on six classes of CMBS securities (the "REMIC Classes"), issued by FREMF 2015-K42 Mortgage Trust (the "REMIC Trust"), and affirmed the ratings on three classes of related Structured Pass-Through Certificates (the "SPC Classes") issued by Freddie Mac Structured Pass-Through Certificates (SPCs), Series K-042 (the "SPC Trust").

  • Trump Says Freeing Fannie-Freddie From U.S. Control Is ‘Urgent’
    Bloomberg4 days ago

    Trump Says Freeing Fannie-Freddie From U.S. Control Is ‘Urgent’

    Trump, speaking Friday at a conference hosted by the National Association of Realtors, said that the mortgage giants lack competition, that taxpayers remain on the hook for any losses at the companies and that they aren’t being run as well as they could be. The president’s remarks reflect the White House’s determination to release the companies from conservatorship, something lawmakers and policy makers have failed at for years.

  • Reuters4 days ago

    Trump says looking at alternatives to Fannie Mae, Freddie Mac

    U.S. President Donald Trump said on Friday his administration was looking at alternatives to the conservatorship of mortgage giants Fannie Mae and Freddie Mac. "Fannie and Freddie can do a lot better ...

  • Benzinga4 days ago

    Another Treasury Department Exit Creates Uncertainty For Investors

    On Thursday, the Wall Street Journal reported that Craig Phillips, a top deputy to Treasury Secretary Steven Mnuchin, is leaving the federal agency. Phillips was formerly a top executive at BlackRock, Inc. (NYSE: BLK), and was known within the Trump administration as being a liaison between the Treasury and Wall Street.

  • Trump's Architect of Wall Street Deregulation to Leave Treasury
    Bloomberg5 days ago

    Trump's Architect of Wall Street Deregulation to Leave Treasury

    The departure of Craig Phillips was announced Thursday by the Treasury. As a counselor to Mnuchin, Phillips has taken the lead on domestic financial policy initiatives, including the rule rollback and developing plans for freeing mortgage giants Fannie Mae and Freddie Mac from federal control.

  • MarketWatch5 days ago

    Treasury Department aide hired to reform Fannie, Freddie will step down

    Craig Phillips, a deputy to Treasury Secretary Steven Mnuchin who joined the department to overhaul Fannie Mae and Freddie Mac , is stepping down, he told Treasury staff members Thursday. The news was first reported by the New York Times. Shares of the two government-sponsored enterprises have both more than doubled this year after MarketWatch first broke the news that the Trump administration would likely attempt to reform the companies without Congressional input. In March Mark Calabria, a former aide to Vice President Mike Pence, was confirmed to lead the agency that regulates the two GSEs, and has since signaled he may make good on those plans. "Craig has been critical in establishing a housing policy finance reform framework, and will stay until the completion of the Treasury Housing Reform Plan," a Treasury department spokesperson said in an email.

  • Moody's7 days ago

    Freddie Mac Structured Pass-Through Certificates (SPCs), Series K-024 -- Moody's affirms six CMBS REMIC classes of FREMF 2013-K24 and affirms the ratings of three SPC classes of Freddie Mac SPCs, Series K-024

    Rating Action: Moody's affirms six CMBS REMIC classes of FREMF 2013- K24 and affirms the ratings of three SPC classes of Freddie Mac SPCs, Series K-024. Global Credit Research- 14 May 2019. Approximately ...

  • Moody's7 days ago

    Mello Warehouse Securitization Trust 2019-1 -- Moody's assigns definitive ratings to Mello Warehouse Securitization Trust 2019-1

    Moody's Investors Service ("Moody's") has assigned definitive ratings to five classes of residential mortgage-backed securities (RMBS) issued by Mello Warehouse Securitization Trust 2019-1. The definitive rating on Class C, Class D and Class E is higher than the provisional rating assigned because the actual weighted average coupon of all the notes is lower than the assumed weighted average coupon used for assigning the provisional ratings. Mello Warehouse Securitization Trust 2019-1 is a securitization backed by a revolving warehouse facility sponsored by loanDepot.com, LLC (loanDepot, the repo seller, unrated).

  • Liquidate Fannie and Freddie
    Bloomberg7 days ago

    Liquidate Fannie and Freddie

    (Bloomberg Opinion) -- Trump administration officials announced last week that if Congress doesn’t come up with a plan to overhaul Fannie Mae and Freddie Mac in the next couple years, they will. Their plan is to simply privatize the two giant mortgage banks. A better one would be to liquidate them.

  • Benzinga7 days ago

    These Were The Securities With The Biggest Dollar Volume Increases On OTC Markets In April

    U.S. equities spent April climbing back to near all-time highs, with the VIX reaching its lowest level since early October 2018.  And yet, the most recent dialogue escalation between the U.S. and China ...

  • Financial Times9 days ago

    Fannie and Freddie unlikely to be privatised, says US lawmaker

    Congress is likely to resist attempts by US president Donald Trump’s administration to privatise the two companies that guarantee most American mortgages, the most senior Democrat working on the plans has warned. In his role on the banking committee, Mr Brown is working with his Republican counterpart Mike Crapo on a bill to release the two entities from the government.

  • Bloomberg11 days ago

    How About Leaving Fannie Mae and Freddie Mac Alone?

    The travails of Fannie and Freddie illustrate eloquently how a public-private partnership can go wrong. For decades, the two operated as privately owned companies, but with a congressional charter to guarantee payments of interest and principal on mortgage loans — guarantees that underpin the traditional 30-year fixed-rate loan, support a global market for U.S. mortgage-backed securities, and make homeownership accessible to millions of Americans. The crucial role that Fannie and Freddie play in housing finance led investors to think the government would always rescue them in an emergency.

  • Fannie-Freddie May Be Freed Without Congress, Calabria Says
    Bloomberg13 days ago

    Fannie-Freddie May Be Freed Without Congress, Calabria Says

    The comments by Federal Housing Finance Agency Director Mark Calabria in a Tuesday interview are a clear sign that regulators and President Donald Trump’s administration aren’t counting on a legislative solution after more than a decade of failures to address the biggest piece of unfinished business from the 2008 financial crisis. Lawmakers will get “at least an entire Congress” to act before the companies are freed, said Calabria, who took over at FHFA last month.

  • Thomson Reuters StreetEvents15 days ago

    Edited Transcript of FMCC earnings conference call or presentation 1-May-19 1:00pm GMT

    Q1 2019 Federal Home Loan Mortgage Corp Earnings Call

  • Barrons.com19 days ago

    Mortgage Rates Tumble as One Economist Waves the White Flag

    Rates for home loans slumped, another reminder of the “lower for longer” conditions that have dogged financial markets since the 2008 financial crisis. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.68%, down nine basis points. Fixed-rate mortgages follow the trajectory of the benchmark 10-year U.S. Treasury note.

  • Reuters19 days ago

    U.S. 30-year mortgage rates fall first time in a month - Freddie Mac

    Interest rates on U.S. 30-year fixed-rate mortgages fell for the first time in a month as bond yields have fallen on weaker-than-expected inflation data, Freddie Mac said on Thursday. Thirty-year mortgage ...

  • Moody's20 days ago

    Mello Warehouse Securitization Trust 2019-1 -- Moody's Assigns Provisional Ratings to Mello Warehouse Securitization Trust 2019-1

    Moody's Investors Service ("Moody's") has assigned provisional ratings to five classes of residential mortgage-backed securities (RMBS) issued by Mello Warehouse Securitization Trust 2019-1. Mello Warehouse Securitization Trust 2019-1 is a securitization backed by a revolving warehouse facility sponsored by loanDepot.com, LLC (loanDepot, the repo seller, unrated). The securities are backed by a revolving pool of newly originated first-lien, fixed rate and adjustable rate, residential mortgage loans which are eligible for purchase by Fannie Mae and Freddie Mac or in accordance with the criteria of Ginnie Mae for the guarantee of securities backed by mortgage loans to be pooled in connection with the issuance of Ginnie Mae securities.

  • Moody's21 days ago

    J.P. Morgan Mortgage Trust 2019-3 -- Moody's assigns definitive ratings to Prime RMBS issued by J.P. Morgan Mortgage Trust 2019-3

    Moody's Investors Service (Moody's) has assigned definitive ratings to 22 classes of residential mortgage-backed securities (RMBS) issued by J.P. Morgan Mortgage Trust (JPMMT) 2019-3. The certificates are backed by 591 30-year, fully-amortizing fixed-rate mortgage loans with a total balance of $387,326,703 as of the April 1, 2019 cut-off date. Similar to prior JPMMT transactions, JPMMT 2019-3 includes conforming mortgage loans (39% by loan balance) mostly originated by United Shore Financial Services, LLC d/b/a United Wholesale Mortgage and Shore Mortgage (United Shore), JPMorgan Chase Bank, National Association (Chase), AmeriHome Mortgage Company, LLC (AmeriHome) and LoanDepot.com, LLC (LoanDepot) underwritten to the government sponsored enterprises (GSE) guidelines in addition to prime jumbo non-conforming mortgages purchased by J.P. Morgan Mortgage Acquisition Corp. (JPMMAC), sponsor and mortgage loan seller, from various originators and aggregators.

  • Moody's29 days ago

    J.P. Morgan Mortgage Trust 2019-3 -- Moody's assigns provisional ratings to Prime RMBS issued by J.P. Morgan Mortgage Trust 2019-3

    Moody's Investors Service (Moody's) has assigned provisional ratings to 22 classes of residential mortgage-backed securities (RMBS) issued by J.P. Morgan Mortgage Trust (JPMMT) 2019-3. The certificates are backed by 591 30-year, fully-amortizing fixed-rate mortgage loans with a total balance of $387,326,703 as of the April 1, 2019 cut-off date. Similar to prior JPMMT transactions, JPMMT 2019-3 includes conforming mortgage loans (39% by loan balance) mostly originated by United Shore Financial Services, LLC d/b/a United Wholesale Mortgage and Shore Mortgage (United Shore), JPMorgan Chase Bank, National Association (Chase), AmeriHome Mortgage Company, LLC (AmeriHome) and LoanDepot.com, LLC (LoanDepot) underwritten to the government sponsored enterprises (GSE) guidelines in addition to prime jumbo non-conforming mortgages purchased by J.P. Morgan Mortgage Acquisition Corp. (JPMMAC), sponsor and mortgage loan seller, from various originators and aggregators.

  • Barrons.comlast month

    Americans Are Spending Less, Even as Incomes Are Growing. Can It Last?

    In the past, extra spending was often financed by borrowing against housing. That’s not happening this time.

  • Buffett on affordable housing, lending
    Yahoo Finance Video17 days ago

    Buffett on affordable housing, lending

    Berkshire Hathaway Chairman and CEO Warren Buffett speaks at the 2019 Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska. Buffett said it would be “very good for America” if Fannie Mae and Freddie Mac did more to help finance manufactured homes, such as those made by Berkshire-owned Clayton Homes.

  • How Fannie and Freddie Prop Up America's Favorite Mortgage
    WSJ28 days ago

    How Fannie and Freddie Prop Up America's Favorite Mortgage

    Fannie Mae and Freddie Mac back about half of new mortgages in the U.S. Now, talks are heating up about reshaping or shrinking the two companies, a move that could impact millions of Americans. Photo: Heather Seidel/The Wall Street Journal