FMCC - Freddie Mac

Other OTC - Other OTC Delayed Price. Currency in USD

Freddie Mac

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

SectorFinancial Services
IndustrySpecialty Finance
Full Time Employees6,600

Key Executives

NameTitlePayExercisedYear Born
Mr. David M. BrickmanCEO, Pres & Director3.04MN/A1966
Mr. James G. MackeyExec. VP & CFO3.36MN/A1967
Dr. Michael Thomas HutchinsExec. VP of Investments & Capital Markets3.07MN/A1956
Mr. David B. LowmanExec. VP of Single-Family Bus.3.36MN/A1958
Mr. Donald KishSr. VP, Corp. Controller & Principal Accounting OfficerN/AN/A1969
Amounts are as of December 31, 2018 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 in 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 activities in 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 invests principally in mortgage-related investments portfolio and single-family performing and re-performing loans. This segment 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.