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Freddie Mac News Release Archive

Freddie Mac and ICE Collaborate to Help Lenders Improve Loan Quality

LAS VEGAS, March 19, 2024 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) and Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced they’re working together to bring greater loan quality to the mortgage origination process so lenders can... More

Freddie Mac Announces Michael T. Hutchins as Interim CEO

MCLEAN, Va., March 15, 2024 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) today announced that the company has appointed President Michael T. Hutchins to the additional role of Interim Chief Executive Officer (CEO) as the company continues its search for a permanent CEO.... More

Mortgage Rates Continue to Decrease

MCLEAN, Va., March 14, 2024 (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 6.74 percent. “The 30-year fixed-rate mortgage decreased again this week, with declines... More

Freddie Mac Announces Results of Tender Offer for Certain STACR Notes

MCLEAN, Va., March 13, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) (the “Company”) today announced the tender results of its previously announced offer to purchase (the “Offer”) any and all of the STACR ® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”).... More

Mortgage Rates Dip Down

MCLEAN, Va. , March 07, 2024 (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 6.88 percent. “Evidence that purchase demand remains sensitive to interest rate changes... More

Freddie Mac Announces $120 Million Non-Performing Loan Sale

Includes Extended Timeline Pool Offering Targeting Smaller Investors MCLEAN, Va., March 06, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today it will offer approximately $120 million in non-performing loans (NPL) for sale via auction.... More

Freddie Mac Announces Tender Offer for Any and All of Certain STACR Notes

MCLEAN, Va., March 06, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has commenced a fixed-price cash tender offer (the “Offer”) for the purchase of any and all of the STACR ® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”) beginning... More

Mortgage Rates Increase for the Fourth Consecutive Week

MCLEAN, Va., Feb. 29, 2024 (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 6.94 percent. "Mortgage rates continued their ascent this week, reaching a two-month high and... More

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