Federal Home Loan Mortgage Corporation (FMCCI) 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.
FMCCI has IPO date of 1996-05-09, 8,076 full-time employees, listed on the Other OTC, a market capitalization of $3.97B.
Federal Home Loan Mortgage Corporation (Freddie Mac) is a major player in the U.S. secondary mortgage market, purchasing and guaranteeing residential mortgage loans originated by lenders nationwide. The company operates through two primary business segments: Single-family, which purchases, securitizes, and guarantees single-family residential loans while managing mortgage credit risk and investment portfolios; and Multifamily, which focuses on multifamily loan purchases, securitization, and credit risk transfer products. Freddie Mac serves a diverse client base including mortgage banks, commercial and community banks, credit unions, insurance companies, pension funds, and government agencies. Founded in 1970 and headquartered in McLean, Virginia, the company plays a critical role in maintaining liquidity and stability in the U.S. residential mortgage market.