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Federal Home Loan Mortgage Corporation (FMCKL)

9.69

-0.11

(-1.12%)

At close: January 9 at 7:00:00 PM EST

Ackman Could See $1 Billion Gain on Fannie Mae, Freddie Mac Investments

Investor Bill Ackman could have made close to $1 billion from his investments in mortgage giants Fannie Mae and Freddie Mac.

Barrons.com 19 hours ago

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PSH.AS
Freddie Mac Multifamily Issued $56 Billion in 2024 Securities

Company brought new flexibility to meet investor needs and increase liquidity, stability, affordability in multifamily marketMCLEAN, Va., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) issued $56 billion of securities through its multifamily risk transfer platform in 2024, transferring interest rate risk, liquidity risk and the majority of expected credit risk away from U.S. taxpayers to private investors. A leading issuer of multifamily securities, Freddie Mac Multifamily settled $

GlobeNewswire 21 hours ago

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FMCCH
+3.32%
FMCCK
0.00%
U.S. Mortgage Rates Climb to Highest Since July

U.S. mortgage rates are back at their highest level since last summer, frustrating home buyers waiting for a break from some of the steepest borrowing costs in more than a decade.

The Wall Street Journal yesterday

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FMCCH
+3.32%
FMCCK
0.00%
Mortgage rates rise for fourth straight week, inching closer to 7%

Mortgage rates continued to climb this week, with the 30-year fixed rate notching up toward 7% while housing demand remains stalled amid elevated rates and home prices.

Fox Business yesterday

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US 30-year fixed-rate mortgage rate hovers just under 7%

U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could further squeeze potential buyers from the market. The average rate on the popular 30-year fixed-rate mortgage climbed to 6.93%, the highest level since early July, from 6.91% last week, mortgage finance agency Freddie Mac said on Thursday. Mortgage rates have increased despite the Federal Reserve cutting its policy rate by 100 basis points last year after kicking off its easing cycle in September.

Reuters yesterday

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Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.93% from 6.91% last week, according to mortgage giant Freddie Mac. It has risen for four straight weeks.

Associated Press Finance yesterday

FMCC
Mortgage Rates Continue to Trend Up

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 01/09/2025 MCLEAN, Va., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.93 percent. "In the first full week of the new year, the 30-year fixed-rate mortgage remained elevated at just under 7 percent,” said Sam Khater, Freddie Mac’s Chief Economist. “The continued strength of the eco

GlobeNewswire yesterday

FMCC

FMCCH
+3.32%
FMCCK
0.00%
Freddie Mac promotes interim finance chief to CFO

The mortgage finance giant’s new CFO James Whitlinger’s annualized target total direct compensation will be $2.4 million, including $600,000 in salary, according to an SEC filing.

CFO Dive 2 days ago

FMCC
Freddie Mac Multifamily’s 2025 Outlook Forecasts Increased Originations, Modest Growth in Year Ahead

MCLEAN, Va., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Freddie Mac’s (OTCQB: FMCC) newly released Outlook forecasts multifamily originations to rise in 2025, while predicting modest rent growth below the long-term average and a slight increase in vacancy rates, which will remain above the long-term average. Analysis in the Outlook notes that through the end of 2024, despite strong demand, record-high supply kept market fundamentals muted. Meanwhile, elevated and volatile interest rates exerted downward

GlobeNewswire 2 days ago

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FMCCH
+3.32%
FMCCK
0.00%
Jane E. Prokop Joins Freddie Mac’s Board of Directors

MCLEAN, Va., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the election of Jane E. Prokop, Ph.D. to its Board of Directors, which was effective on January 2, 2025. Ms. Prokop has spent nearly three decades in the financial services sector, working in areas such as fintech, product development and business financing. She is currently Executive Vice President and Global Head of Small and Medium Enterprises at Mastercard Incorporated, where she drives innovation, strat

GlobeNewswire 3 days ago

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FMCCH
+3.32%
FMCCK
0.00%
Freddie Mac Appoints James Whitlinger Chief Financial Officer

Ten-year company veteran named EVP & CFO effective immediatelyMCLEAN, Va., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the appointment of James Whitlinger as executive vice president and chief financial officer (CFO), effective January 1, 2025. Whitlinger previously served as the company’s senior vice president and Single-Family CFO since 2014. He has served as interim CFO since June of 2024, following the departure of Christian Lown, who served as CFO from June o

GlobeNewswire 3 days ago

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FMCCH
+3.32%
FMCCK
0.00%
Taking Fannie Mae Private Could Be Ugly. Here’s Why It May Not Happen.

Shares of Fannie Mae and Freddie Mac have been rising as investors bet the Trump administration will release the two mortgage giants from government control.

Barrons.com 3 days ago

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Billionaire Investor Bill Ackman Thinks 2 Stocks Could Soar Roughly 900% Under the Incoming Trump Administration

President-elect Donald Trump has made many investors bullish on the market, which has been on an incredible two-year run. Not surprisingly, billionaire investor Bill Ackman, a vocal Trump supporter, is all aboard this train. Ackman and his fund Pershing Square Holdings have delivered extraordinary gains over the last five years.

Motley Fool 6 days ago

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FMCC
Fannie Mae, Freddie Mac shares surge after federal agencies reveal privatization path

(Reuters) -Shares of Fannie Mae and Freddie Mac, the mortgage giants under U.S. government control since 2008, surged to multi-year highs on Friday after federal agencies revealed a framework for their "orderly" release from conservatorship. The U.S. Treasury Department and the Federal Housing Finance Agency (FHFA) said on Thursday they had amended their agreements with the companies to help ensure that their eventual exit from conservatorship is not disruptive. Exiting conservatorship would mark a key milestone for Fannie and Freddie, which were created by the Congress to support the housing market by ensuring affordable mortgage financing, but crumbled after being severely bruised during the 2008 financial crisis.

Reuters 7 days ago

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Fannie and Freddie Stocks Surge on Hope for End to U.S. Control. It Won’t Be Easy.

Shareholders have fought for more than a decade to end government control of the companies, which began as the mortgage market collapsed in 2008.

Barrons.com 7 days ago

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FMCC
Fannie, Freddie Hit a 5-Year High on Plan for ‘Eventual Release’

(Bloomberg) -- The agencies that control mortgage giants Fannie Mae and Freddie Mac set out a roadmap for releasing the pair from government supervision, sending the entities’ common stock to the highest levels since 2019. Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueNYC Congestion Pricing C

Bloomberg 7 days ago

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FMCC
Mortgage Rates Soar Near 7%: What This Means for the Housing Market in 2025

Affordability hits a wall as rates climb--investors need a new strategy for navigating this challenging market

GuruFocus.com 7 days ago

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Mortgage rates inch closer to 7% to close out 2024

Mortgage rates are climbing again, in yet another unwelcome sign to homebuyers.

CNN Business 8 days ago

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^TNX
US 30-year fixed-rate mortgage flirts with 7%

U.S. mortgage rates jumped to a six-month high this week, suggesting that a recent improvement in home sales could be temporary. The average rate on the popular 30-year fixed-rate mortgage increased to 6.91%, the highest level since early July, from 6.85% last week, mortgage finance agency Freddie Mac said on Thursday. "Compared to this time last year, rates are elevated and the market's affordability headwinds persist," said Sam Khater, Freddie Mac’s Chief Economist.

Reuters 8 days ago

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^TNX
Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July

U.S. mortgage rates rose this week to the highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac. The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages.

Associated Press Finance 8 days ago

FMCC

Performance Overview

Return	FMCKL	S&P 500
YTD	+3.09%	-1.35%
1-Year	+217.70%	+22.51%
3-Year	+280.00%	+24.59%

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Federal Home Loan Mortgage Corporation (FMCKL)

Ackman Could See $1 Billion Gain on Fannie Mae, Freddie Mac Investments

Freddie Mac Multifamily Issued $56 Billion in 2024 Securities

U.S. Mortgage Rates Climb to Highest Since July

Mortgage rates rise for fourth straight week, inching closer to 7%

US 30-year fixed-rate mortgage rate hovers just under 7%

Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase

Mortgage Rates Continue to Trend Up

Freddie Mac promotes interim finance chief to CFO

Freddie Mac Multifamily’s 2025 Outlook Forecasts Increased Originations, Modest Growth in Year Ahead

Jane E. Prokop Joins Freddie Mac’s Board of Directors

Freddie Mac Appoints James Whitlinger Chief Financial Officer

Taking Fannie Mae Private Could Be Ugly. Here’s Why It May Not Happen.

Billionaire Investor Bill Ackman Thinks 2 Stocks Could Soar Roughly 900% Under the Incoming Trump Administration

Fannie Mae, Freddie Mac shares surge after federal agencies reveal privatization path

Fannie and Freddie Stocks Surge on Hope for End to U.S. Control. It Won’t Be Easy.

Fannie, Freddie Hit a 5-Year High on Plan for ‘Eventual Release’

Mortgage Rates Soar Near 7%: What This Means for the Housing Market in 2025

Mortgage rates inch closer to 7% to close out 2024

US 30-year fixed-rate mortgage flirts with 7%

Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July

Performance Overview