Freddie Mac News Release Archive

MCLEAN, Va., March 15, 2024 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) today announced that the company has appointed President Michael T. Hutchins to the additional role of Interim Chief Executive Officer (CEO) as the company continues its search for a permanent CEO.... More

MCLEAN, Va., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the election of Roy Swan to its Board of Directors effective February 19, 2024. Swan is an executive with more than 30-years of experience in law, banking, corporate finance, public policy and investment... More

MCLEAN, Va., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it scored 100% on the Human Rights Campaign (HRC) Foundation’s 2023-2024 Corporate Equality Index (CEI) , a benchmarking tool that grades corporate policies, practices and benefits pertinent to LGBTQ+... More

Board Chair Sara Mathew to Retire in February 2024 MCLEAN, Va., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Lance Drummond will become chair of Freddie Mac’s Board of Directors, the company announced today. A member of the Board since 2015, Drummond will succeed Sara Mathew, who will retire as Board chair... More

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