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Last $2.50 USD
Change Today -0.005 / -0.20%
Volume 1.5M
As of 3:56 PM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

freddie mac (FMCC) Snapshot

Open
$2.51
Previous Close
$2.51
Day High
$2.52
Day Low
$2.48
52 Week High
06/4/14 - $4.75
52 Week Low
10/2/14 - $1.44
Market Cap
8.1B
Average Volume 10 Days
1.6M
EPS TTM
$-0.53
Shares Outstanding
3.2B
EX-Date
09/7/08
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FREDDIE MAC (FMCC)

freddie mac (FMCC) Details

Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company provides credit guarantee for mortgages originated by mortgage lenders in the primary mortgage market, as well as invests in mortgage loans and mortgage-related securities. It operates in three segments: Single-Family Guarantee, Investments, and Multifamily. The Single-Family Guarantee segment purchases single-family mortgage loans originated by its seller/servicers in the primary mortgage market; uses the mortgage securitization process to package the mortgage loans into guaranteed mortgage-related securities; and guarantees the payment of principal and interest on the mortgage-related securities. This segment serves lenders, including mortgage banking companies, commercial banks, community banks, credit unions, other non-depository financial institutions, housing finance agencies (HFAs), and thrift institutions. The Investments segment invests principally in mortgage-related securities and single-family performing mortgage loans. It serves insurance companies, money managers, central banks, depository institutions, and pension funds. The Multifamily segment engages in the purchase, sale, securitization, and guarantee of multifamily mortgage loans and securities; issuance of other structured securities; guarantee of multifamily housing revenue bonds; and provision of post-construction financing to apartment project operators. Federal Home Loan Mortgage Corporation was founded in 1970 and is based in McLean, Virginia.

4,957 Employees
Last Reported Date: 02/19/15
Founded in 1970

freddie mac (FMCC) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $600.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $2.6M
Executive Vice President of Single-Family Bus...
Total Annual Compensation: $2.1M
Executive Vice President, General Counsel and...
Total Annual Compensation: $1.8M
Chief Administrative Officer and Executive Vi...
Total Annual Compensation: $1.4M
Compensation as of Fiscal Year 2014.

freddie mac (FMCC) Key Developments

Federal Home Loan Mortgage Corporation Reports Earnings Results for the First Quarter Ended March 31, 2015

Federal Home Loan Mortgage Corporation reported earnings results for the first quarter ended March 31, 2015. For the quarter, net loss attributable to common stockholders was $222 million, or $0.07 loss per share, compared to a net loss attributable to common stockholders of $479 million, or $0.15 loss per share, for the same quarter ended March 31, 2014. Net interest income was $3.65 billion, compared to $3.51 billion for the same quarter ended March 31, 2014. Income before income tax expense was $788 million, compared to $5.76 billion for the same quarter ended March 31, 2014.

Freddie Mac Reports Earnings Results for the First Quarter of 2015

Freddie Mac reported earnings results for the first quarter of 2015. For the quarter, the company reported net income of $524 million, after reporting a loss in the same period a year earlier. The company said it had profit of 7 cents per share. Earnings, adjusted for non-recurring costs, came to 67 cents per share. Revenue was $3.9 billion in the period.

Fannie And Freddie MSR Up For Sale

Two Federal Home Loan Mortgage Corporation (OTCBB:FMCC) and Federal National Mortgage Association (OTCBB:FNMA) mortgage servicing rights portfolios carrying $1.18 billion in loans have been put up for sale, according to MountainView Servicing Group, which is acting as advisor in the sale of two separate sales of agency mortgage servicing rights. The report notes that bids are due May 4 and May 7, 2015.

 

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FMCC:US $2.50 USD -0.005

FMCC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ally Financial Inc $22.68 USD +0.22
Commerzbank AG €12.36 EUR +0.16
CIC €191.50 EUR +0.50
First Niagara Financial Group Inc $8.96 USD +0.11
TCF Financial Corp $16.04 USD +0.20
View Industry Companies
 

Industry Analysis

FMCC

Industry Average

Valuation FMCC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book NM Not Meaningful
Price/Cash Flow 0.4x
TEV/Sales NM Not Meaningful
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