Federal Home Loan Mortgage Corporation (FMCCM) 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.
FMCCM has IPO date of 2001-03-01, 8,076 full-time employees, listed on the Other OTC, a market capitalization of $3.99B.
Federal Home Loan Mortgage Corporation (Freddie Mac) is a primary participant in the United States secondary mortgage market, purchasing single-family and multifamily residential mortgage loans originated by lenders and investing in mortgage-related securities. Operating through two segments, the company's Single-family division purchases, securitizes, and guarantees single-family loans while managing credit risk and mortgage investments for a broad network of mortgage banking companies, commercial banks, credit unions, and other financial institutions. The Multifamily segment focuses on purchasing, securitizing, and guaranteeing multifamily loans and securities, serving banks, insurance companies, pension funds, and real estate investment trusts. Founded in 1970 and headquartered in McLean, Virginia, Freddie Mac plays a critical role in supporting the availability and affordability of housing finance in the United States.
