Federal Home Loan Mortgage Corporation (FMCCH) is a publicly traded company in the Financial Services sector, operating within the Financial - Mortgages industry. The company is headquartered in McLean, VA, United States. The current CEO is Kenny Smith.
FMCCH has IPO date of 1998-10-06, 8,076 full-time employees, listed on the Other OTC, a market capitalization of $4.18B.
Federal Home Loan Mortgage Corporation (Freddie Mac) operates as a major player in the United States secondary mortgage market, purchasing and securitizing single-family and multifamily residential mortgage loans originated by lenders. The company operates through two primary segments: Single-family, which purchases, securitizes, and guarantees single-family loans while managing mortgage credit risk and investment portfolios; and Multifamily, which handles similar securitization and guarantee services for multifamily loans and securities. Freddie Mac serves a diverse client base including mortgage banks, commercial and community banks, credit unions, insurance companies, pension funds, and real estate investment trusts. Founded in 1970 and headquartered in McLean, Virginia, the company plays a critical role in expanding mortgage liquidity and promoting stability in the housing market.
