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Federal Home Loan Mortgage Corporation (FMCC)


Other OTC - Other OTC Delayed Price. Currency in USD
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2.53+0.09 (+3.69%)
At close: 3:59PM EDT
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Federal Home Loan Mortgage Corporation

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

SectorFinancial
IndustryMortgage Investment
Full Time Employees5,959

Key Executives

NameTitlePayExercisedAge
Mr. Donald H. Layton ACIS, LLBChief Exec. Officer and Director701.61kN/A66
Mr. James G. MackeyChief Financial Officer and Exec. VP3.08MN/A50
Mr. William H. McDavidExec. VP, Gen. Counsel and Corp. Sec.2.66MN/A70
Mr. David B. LowmanExec. VP of Single-Family Bus.3.08MN/A59
Mr. Anil D. Hinduja MBAChief Enterprise Risk Officer and Exec. VP2.95MN/A53
Amounts are as of December 31, 2016 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

Federal Home Loan Mortgage Corporation 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 in three segments: Single-Family Guarantee, Multifamily, and Investments. The Single-Family Guarantee segment purchases, securitizes, and guarantees single-family loans originated by its seller/servicers; and manages single-family mortgage credit risk. This segment serves lenders, including mortgage banking companies, commercial banks, community banks, credit unions, other non-depository financial institutions, housing finance agencies (HFAs), and savings institutions. The Multifamily segment engages in purchase, securitization, and guarantee activities in multifamily loans and securities; issuance of multifamily K Certificates; issuing and guarantying other securitization products; and provision of other mortgage-related guarantees, as well as post-construction financing to apartment project operators. The Investments segment invests principally in mortgage-related securities and single-family performing loans. It serves state and local governments, insurance companies, money managers, central banks, depository institutions, and pension funds. Federal Home Loan Mortgage Corporation was founded in 1970 and is based in McLean, Virginia.

Corporate Governance

Federal Home Loan Mortgage Corporation’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.