Federal Home Loan Mortgage Corporation (FMCKP) 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.
FMCKP has IPO date of 2001-11-19, 8,076 full-time employees, listed on the Other OTC, a market capitalization of $4.14B.
Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, operates as a major player in the United States secondary mortgage market. The company purchases residential mortgage loans from originators and invests in mortgage-related securities, serving two primary business segments: Single-family and Multifamily. The Single-family segment purchases, securitizes, and guarantees single-family loans while managing credit risk and mortgage investments, serving mortgage banks, commercial banks, credit unions, and other lending institutions. The Multifamily segment focuses on purchasing, securitizing, and guaranteeing multifamily loans and securities, serving banks, insurance companies, pension funds, and other institutional investors. 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.
