Freddie Mac News Release Archive

McLEAN, Va., July 06, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has elected Allan P. Merrill and Paul T. Schumacher to its Board of Directors, effective September 1, 2020. Merrill is chairman, president and chief executive officer of Beazer Homes USA, Inc., a... More

Key hire furthers progress toward exit from conservatorship MCLEAN, Va., June 15, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it has hired J.P. Morgan as a financial advisor to help facilitate the company’s recapitalization and exit from conservatorship.... More

MCLEAN, Va., June 02, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the appointment of Christian M. Lown as Executive Vice President and Chief Financial Officer, effective June 15, 2020. Lown was previously EVP and CFO at Navient Corporation. He succeeds Donald F.... More

MCLEAN, Va., May 28, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the launch of a new website providing key resources for lenders and investors as the company transitions from the London Interbank Offered Rate (LIBOR). The announcement comes alongside announcements made by the... More

New digital tools help consumers know their options and get help MCLEAN, Va., May 26, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced a number of online resources available to help homeowners and renters navigate the relief and support the company has made available in the face... More

MCLEAN, Va. – The following statement was released today by Freddie Mac (OTCQB: FMCC) and is attributed to David Brickman, CEO of Freddie Mac.  “The reproposal of this critical rule marks another important milestone in our path out of conservatorship.... More

Announcement marks significant step towards responsible exit from conservatorship MCLEAN, Va., May 18, 2020 (GLOBE NEWSWIRE) -- In a major step towards the company’s next chapter, Freddie Mac (OTCQB: FMCC) today announced it has commenced a request for proposal (RFP) process to secure a financial... More

Freddie Mac reiterates repayment policies in the wake of COVID-19 MCLEAN, Va., April 27, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today reiterated that borrowers in forbearance living in homes owned by the company have many options to repay missed payments and are never required to choose... More

MCLEAN, Va., Feb. 20, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced that Mark B. Grier has been elected to its Board of Directors effective February 18, 2020. Grier served as Vice Chairman and a Member of the Board of Directors of Prudential Financial, Inc.... More

MCLEAN, Va., Nov. 26, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that Mark H. Bloom has been elected to its Board of Directors effective November 25, 2019. Currently, Bloom is Global Chief Technology Officer and a member of the Management Board of Aegon N.V., a multinational... More