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Freddie Mac (FMCC)

Other OTC - Other OTC Delayed Price. Currency in USD
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1.8200-0.1500 (-7.61%)
At close: 3:59PM EST

Freddie Mac

8200 Jones Branch Drive
McLean, VA 22102-3110
United States
703-903-2000
http://www.freddiemac.com

Sector(s)Financial Services
IndustryMortgage Finance
Full Time Employees6,871

Key Executives

NameTitlePayExercisedYear Born
Dr. Michael Thomas HutchinsPres3.31MN/A1956
Mr. Ricardo Arturo Anzaldua-MontoyaExec. VP & Gen. Counsel2.52MN/A1954
Mr. Anil D. Hinduja MBAExec. VP & Chief Risk Officer2.67MN/A1964
Mr. Christian M. LownExec. VP & CFON/AN/A1970
Mr. Frank NazzaroExec. VP & Chief Information OfficerN/AN/A1962
Mr. Jerry WeissExec. VP & Chief Admin. OfficerN/AN/A1958
Mr. Jeffrey MarkowitzSr. VP of External Relations & Corp. CommunicationsN/AN/AN/A
Mr. John KrenitskySr. VP & Chief Compliance OfficerN/AN/AN/A
Ms. Angela LockeInterim Head of HR & Chief Diversity OfficerN/AN/AN/A
Mr. Mark D. HansonSr. VPN/AN/AN/A
Amounts are as of December 31, 2019 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.

Description

Freddie Mac operates in the secondary mortgage market in the United States. The company purchases residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through three segments: Single-family Guarantee, Multifamily, and Capital Markets. The Single-family Guarantee segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk. This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies, savings institutions, and non-depository financial institutions. The Multifamily segment engages in the purchase, sale, securitization, and guarantee of multifamily loans and securities through the issuance of multifamily K and SB certificates; issuing and guarantying other securitization products; issuing other credit risk transfer products; and provision of other mortgage-related guarantees, as well as post-construction financing to apartment project operators. The Capital Markets segment manages mortgage-related investments portfolio and treasury functions, including interest-rate risk management. It serves banks and other depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, real estate investment trusts, brokers and dealers, and lenders. Freddie Mac was founded in 1970 and is headquartered in McLean, Virginia.

Corporate Governance

Freddie Mac’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.