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Freddie Mac News Release Archive

Freddie Mac Applauds FHFA Push to Advance Equitable Housing

McLean, Va. – Freddie Mac (OTCQB: FMCC) today applauded the Federal Housing Finance Agency’s announcement that the company will submit annual Equitable Housing Finance Plans starting at the end of 2021. Further, the company underscored its ongoing commitment to identifying and addressing barriers... More

Alberto G. Musalem to Join Freddie Mac Board of Directors

MCLEAN, Va., June 22, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that Alberto G. Musalem has been elected to its Board of Directors effective June 17, 2021. Currently, Musalem is chief executive officer, co-chief investment officer, and a founder of Evince Asset Management... More

Freddie Mac Announces Michael J. DeVito as CEO

Transition to take place June 1 MCLEAN, Va., May 26, 2021 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC)   today announced that its Board of Directors has named housing-industry veteran Michael J. DeVito as the company’s Chief Executive Officer (CEO), effective June 1.... More

Freddie Mac Names Mark B. Grier as Interim CEO

MCLEAN, Va., March 16, 2021 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) announced today that the company has named Mark B. Grier, Member of the Board of Directors and veteran of the financial services industry, as the company’s Interim Chief Executive Officer (CEO).... More

Freddie Mac Statement on Duty to Serve Underserved Markets Plan for 2021

McLEAN, Va. – The following statement was released today by Freddie Mac (OTCQB: FMCC) and is attributed to Danny Gardner, Senior Vice President, Client and Community Engagement for Single-Family Business. “At Freddie Mac, we see Duty to Serve as more than a program—it is a central piece of our... More

Freddie Mac Clears Path for New Index Rate

Company Begins Purchasing SOFR-indexed Products and Launches SOFR-indexed Offerings MCLEAN, Va., Dec. 17, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today highlighted the key milestones it achieved in 2020 as part of its transition from LIBOR (formally the London Interbank Offered Rate) to... More

Freddie Mac Statement on FSOC’s Discussion of FHFA’s Revised Capital Rule

MCLEAN, Va . – Today, Freddie Mac CEO David Brickman issued the following statement after the Financial Stability Oversight Council’s (FSOC) discussion of the Federal Housing Finance Agency’s (FHFA) re-proposed Capital Rule: “The Financial Stability Oversight Council’s discussion of FHFA’s proposed... More

New Data Showcases Freddie Mac’s Impact Over the Last 50 Years

Company has provided $10 trillion to make home possible nearly 80 million times MCLEAN, Va., July 20, 2020 (GLOBE NEWSWIRE) -- To mark its 50th anniversary, Freddie Mac has launched new resources to showcase how it has helped families own or rent a home over the past 50 years.... More

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