MCLEAN, VA--(Marketwired - Aug 7, 2017) - Freddie Mac (OTCQB: FMCC) today issued the company's stress test results for the severely adverse scenario conducted under FHFA's rule implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Dodd-Frank requires certain financial companies with more than $10 billion in assets to perform annual stress tests to assess capital adequacy. Freddie Mac's test summary can be found on the company's website, www.freddiemac.com/investors.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
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Lisa Gagnon
703-903-3385
INVESTOR CONTACT:
Laurie Garthune
703-382-4732
The financial and other information contained in the documents that may be accessed on this page speaks only as of the date of those documents. The information could be out of date and no longer accurate. Freddie Mac does not undertake an obligation, and disclaims any duty, to update any of the information in those documents. Freddie Mac's future performance, including financial performance, is subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect the company's future results are discussed more fully in our reports filed with the SEC.