Federal Home Loan Mortgage Corporation (FMCCT) 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.
FMCCT has IPO date of 2010-07-01, 8,076 full-time employees, listed on the Other OTC, a market capitalization of $13.16B.
Federal Home Loan Mortgage Corporation (Freddie Mac) operates as a primary 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 main segments: Single-family, which purchases, securitizes, and guarantees single-family loans while managing mortgage credit risk and investment portfolios; and Multifamily, which handles the purchase, securitization, and guarantee of multifamily loans and securities. Freddie Mac serves a broad range of financial institutions including 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 ensuring liquidity and stability in the U.S. residential mortgage market.
