Freddie Mac News Release Archive

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

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

Company releases update to three-year Plan to promote access to equitable and sustainable housing MCLEAN, Va., April 05, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today published updates to its three-year Equitable Housing Finance Plan , the company’s roadmap to promote sustainable... More

MCLEAN, Va., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Homeownership continues to be something to strive for among “Generation Z,” the demographic cohort following Millennials, according to a new survey from Freddie Mac (OTCQB: FMCC). This survey of respondents finds that the attitudes of Gen Z adults... More

MCLEAN, Va., Nov. 10, 2022 (GLOBE NEWSWIRE) -- A new survey from Freddie Mac (OTCQB: FMCC) found that 64% of active-duty servicemembers transitioning to civilian life expect their search for affordable housing to be extremely or somewhat challenging. The survey also found that the majority of... More

MCLEAN, Va., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Mortgage and Financial services veteran Ravi Shankar has joined the company as senior vice president and head of Single-Family Portfolio and Servicing, Freddie Mac (OTCQB: FMCC) announced today. Mr. Shankar brings over three decades of experience... More

MCLEAN, Va., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today published its annual sustainability disclosure in accordance with standards issued by the Sustainability Accounting Standards Board (SASB). The report features data for 2020 and 2021 aligned with the SASB Mortgage... 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. , June 23, 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 5.81 percent. “Fixed mortgage rates have increased by more than two full percentage... More

Multi-Year Plan Outlines Actions to Promote Equitable and Sustainable Access to Housing MCLEAN, Va., June 08, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the company’s first Equitable Housing Finance Plan designed to promote equity and increase sustainable homeownership and... More