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Freddie Mac News Release Archive

Freddie Mac Issues Monthly Volume Summary for August 2023

MCLEAN, Va., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for August 2023, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other... More

Freddie Mac Sells $586 Million in NPLs

Awards 2 SPO Pools to One Winner MCLEAN, Va., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 3,564 non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio. The loans, with a balance of approximately $586... More

Mortgage Rates Remain Flat, Lingering Above Seven Percent

MCLEAN, Va., Sept. 21, 2023 (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 7.19 percent. “Mortgage rates continue to linger above seven percent as the Federal Reserve... More

Mortgage Rates Inch Back Up

MCLEAN, Va., Sept. 14, 2023 (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 7.18 percent. “Mortgage rates inched back up this week and remain anchored north of seven... More

Freddie Mac Announces Results of Tender Offer for Certain STACR Notes

MCLEAN, Va., Sept. 13, 2023 (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

Freddie Mac Publishes 2022 Sustainability Report

MCLEAN, Va., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) today published the company’s first Sustainability Report, which provides details about the company’s 2022 sustainability strategy, activities and performance. The report also includes the company’s Sustainability Accounting... More

Freddie Mac Announces Michael J. DeVito to Retire as CEO

MCLEAN, Va., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) announced today that Michael J. DeVito has informed the Board of Directors of his intention to retire as Chief Executive Officer in the first quarter of 2024. The Board will begin a search for a successor, and a smooth... More

Mortgage Rates Decrease from Last Week While Remaining Above Seven Percent

MCLEAN, Va., Sept. 07, 2023 (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 7.12 percent. “For the fourth consecutive week, the 30-year fixed-rate mortgage hovered... More

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

MCLEAN, Va., Sept. 06, 2023 (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

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