Freddie Mac News Release Archive

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

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

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

MCLEAN, Va., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its relief options for those affected by Hurricane Idalia. Freddie Mac’s forbearance program provides homeowners mortgage relief for up to 12 months without incurring... More

MCLEAN, Va., Aug. 31, 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 leveled off this week but remain elevated.... More

MCLEAN, Va., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced that Peter Lillestolen has been named Vice President, Production & Sales of Targeted Affordable Housing (TAH). In his new role, Peter will oversee the TAH retail business, Low-Income Housing Tax... More

Includes two Extended Timeline Pool Offerings Targeting Smaller Investors MCLEAN, Va., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today an approximate $628 million non-performing loan (NPL) sale, via an auction of seasoned non-performing residential first lien loans held... More

MCLEAN, Va., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for July 2023, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other... More

MCLEAN, Va., Aug. 24, 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 7.23 percent. “This week, the 30-year fixed-rate mortgage reached its highest level since... More

MCLEAN, Va., Aug. 17, 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 7.09 percent. “The economy continues to do better than expected and the 10-year Treasury... More