FMCC - Freddie Mac

Other OTC - Other OTC Delayed Price. Currency in USD
2.8300
-0.1450 (-4.87%)
At close: 3:59PM EDT
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Previous Close2.9750
Open2.9500
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range2.7400 - 2.9500
52 Week Range0.9800 - 3.0600
Volume3,948,454
Avg. Volume2,363,716
Market Cap9.116B
Beta (3Y Monthly)4.38
PE Ratio (TTM)21.44
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
  • Moody's8 hours ago

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

    Moody's Investors Service (Moody's) has assigned provisional 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.

  • Fannie-Freddie shareholders may get a payout after a decade of uncertainty
    MarketWatch23 hours ago

    Fannie-Freddie shareholders may get a payout after a decade of uncertainty

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

  • GlobeNewswire2 days ago

    Freddie Mac Prices $801 Million Multifamily K-Deal, K-F62

    Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by floating-rate multifamily mortgages with ten-year terms. The approximately $801 million in K Certificates (K-F62 Certificates) are expected to settle on or about May 31, 2019.

  • Bloomberg2 days 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.

  • GlobeNewswire3 days ago

    Freddie Mac Multifamily Names Four Vice Presidents

    Freddie Mac (FMCC) Multifamily today announced that it has named four vice presidents. Geri Borger Urgo is now vice president, production & sales, overseeing the Southeast and Northeast regions. Michael Case is now vice president, multifamily capital markets, overseeing all multifamily loan pricing functions.

  • GuruFocus.com5 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's6 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’
    Bloomberg6 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.

  • Reuters6 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 ...

  • GlobeNewswire6 days ago

    Freddie Mac Salutes its Home Possible RISE Award Winners for Outstanding Work with Mortgages for Low- to Moderate-Income Homebuyers

    MCLEAN, Va., May 17, 2019 -- Freddie Mac (OTCQB: FMCC) today announced the winners of its Home Possible RISE AwardsSM. The annual program, RISE (Recognizing Individuals.

  • Benzinga6 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
    Bloomberg7 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.

  • MarketWatch7 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.

  • GlobeNewswire7 days ago

    Freddie Mac Announces Pricing of $561 Million Multifamily Small Balance Loan Securitization

    MCLEAN, Va., May 16, 2019 -- Freddie Mac (OTCQB: FMCC) announces the pricing of the SB62 offering, a multifamily mortgage-backed securitization backed by small balance loans.

  • GlobeNewswire7 days ago

    Mortgage Rates Hold Steady Amid Global Trade Disputes

    MCLEAN, Va., May 16, 2019 -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that fixed-rate mortgages dropped.

  • GlobeNewswire7 days ago

    Freddie Mac Forecasts A Steadily Growing Housing Market

    According to Freddie Mac’s (FMCC) May Forecast, steady housing market growth is expected due to the positive impact of low mortgage rates, a strong labor market, low unemployment, and modest wage growth. Sam Khater, Freddie Mac’s chief economist, says, “Our outlook for the housing market remains largely unchanged. Most homeowners remain reluctant to increase their mortgage balance, whereas we continue to see balance increases on auto loans, credit cards, and student loans,” added Khater.

  • Moody's9 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's9 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
    Bloomberg9 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.

  • Benzinga9 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 ...

  • GlobeNewswire9 days ago

    Freddie Mac Sells $307 Million in NPLs

    MCLEAN, Va., May 14, 2019 -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 1,789 non-performing residential first lien loans (NPLs) from its mortgage-related.

  • Financial Times10 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.

  • GlobeNewswire13 days ago

    Freddie Mac Prices $783 million Multifamily K-Deal, K-1511

    MCLEAN, Va., May 10, 2019 -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily.

  • Bloomberg13 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.

  • GlobeNewswire14 days ago

    Freddie Mac Prices $899 Million Multifamily K-Deal, K-F61

    Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by floating-rate multifamily mortgages with ten-year terms. The approximately $899 million in K Certificates (K-F61 Certificates) are expected to settle on or about May 17, 2019.