Freddie Mac News Release Archive

MCLEAN, Va., July 28, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today reported its second quarter 2022 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission (SEC). The company’s Form 10-Q and earnings press release are available now... More

MCLEAN, Va., July 25, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to report its second quarter 2022 financial results before the U.S. financial markets open on Thursday, July 28, 2022. The company will hold a call at 9 a.m.... More

MCLEAN, Va., July 25, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for June 2022, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other... More

MCLEAN, Va., July 22, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today that Dennis Hermonstyne Jr., is joining the company as senior vice president and chief compliance officer (CCO). Mr. Hermonstyne brings over 20 years of experience managing compliance programs for national... More

MCLEAN, Va., July 21, 2022 (GLOBE NEWSWIRE) -- With the number and cost of weather and climate disasters rising, states have implemented a range of requirements and incentives aimed at mitigating the impact on properties that benefit from federal Low-Income Housing Tax Credits (LIHTC).... More

MCLEAN, Va., July 21, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.54 percent. “The housing market remains sluggish as mortgage rates inch up for a... More

Company Releases Quarterly Forecast MCLEAN, Va., July 20, 2022 (GLOBE NEWSWIRE) -- According to Freddie Mac (OTCQB: FMCC), rising mortgage rates and house price appreciation will continue driving a slowdown in the single-family purchase market. A new Quarterly Forecast released by the company’s... More

MCLEAN, Va., July 14, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.51 percent. “Mortgage rates are volatile as economic growth slows due to fiscal and... More

Properties that Benefit from Federal Tax Subsidies Rarely Increase Rents Significantly After Exiting Program MCLEAN, Va., July 11, 2022 (GLOBE NEWSWIRE) -- Multifamily properties that exit the Low-Income Housing Tax Credit (LIHTC) program generally continue to rent at levels lower than those... More

MCLEAN, Va., July 07, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ®  (PMMS ® ), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.30 percent. “Over the last two weeks, the 30-year fixed-rate mortgage dropped by half... More