Federal Home Loan Mortgage Corporation (FMCCO) 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.
FMCCO has IPO date of 2001-07-27, 8,076 full-time employees, listed on the Other OTC, a market capitalization of $4.33B.
Federal Home Loan Mortgage Corporation (Freddie Mac) operates as a primary participant in the United States secondary mortgage market, purchasing single-family and multifamily residential mortgage loans from originators and investing in mortgage-related securities. The company operates through two main segments: the Single-family segment, which purchases, securitizes, and guarantees single-family loans while managing mortgage credit risk and investment portfolios for lenders including banks, credit unions, and housing finance agencies; and the Multifamily segment, which purchases, securitizes, and guarantees multifamily loans and securities for institutional investors such as banks, 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 residential mortgage market.
