Federal Home Loan Mortgage Corporation (FMCCN) 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.
FMCCN has IPO date of 2010-07-01, 8,076 full-time employees, listed on the Other OTC, a market capitalization of $3.95B.
Federal Home Loan Mortgage Corporation (Freddie Mac) operates as a leading participant in the United States secondary mortgage market, purchasing and securitizing single-family and multifamily residential mortgage loans originated by various lenders. The company operates through two primary business segments: Single-family, which purchases, securitizes, and guarantees single-family loans while managing mortgage credit risk and investment portfolios; and Multifamily, which handles purchase, securitization, and guarantee activities for multifamily loans and related securities. Serving a diverse client base including mortgage banks, commercial and community banks, credit unions, and institutional investors such as pension funds and insurance companies, the company plays a critical role in providing liquidity and stability to the residential mortgage market. Founded in 1970 and headquartered in McLean, Virginia, Freddie Mac remains a cornerstone institution in the U.S. housing finance system.
