Federal Home Loan Mortgage Corporation (FMCCL) 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.
FMCCL has IPO date of 1999-12-09, 8,076 full-time employees, listed on the Other OTC, a market capitalization of $4.24B.
Federal Home Loan Mortgage Corporation (Freddie Mac) operates as a major player in the United States secondary mortgage market, purchasing single-family and multifamily residential mortgage loans originated by lenders and investing in mortgage-related securities. The company operates through two primary segments: Single-family, which purchases, securitizes, and guarantees single-family loans while managing credit risk and mortgage investments, and Multifamily, which handles similar activities for multifamily properties through specialized securitization products and credit risk transfer mechanisms. Freddie Mac serves a diverse client base including mortgage banking companies, commercial banks, credit unions, depository institutions, insurance companies, pension funds, and real estate investment trusts. Founded in 1970 and headquartered in McLean, Virginia, the company plays a critical role in providing liquidity and stability to the U.S. residential mortgage market.
