Federal Home Loan Mortgage Corporation

Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, operates in the secondary mortgage market in the United States. It works through two segments: Single-Family and Multifamily. The Single-Family segment purchases, securitizes, and guarantees single-family loans, and manages mortgage credit and market risk, as well as mortgage-related investments and treasury functions. The Multifamily segment purchases, securitizes, and guarantees multifamily loans, issues multifamily K certificates, and invests in multifamily loans and mortgage-related securities. Freddie Mac serves a wide range of clients including mortgage banking companies, commercial banks, credit unions, insurance companies, pension funds, and REITs.

Federal Home Loan Mortgage Corporation is listed on the OTC Markets OTCQB exchange under the ticker symbol FMCCP. The company trades in US Dollars (USD). As an over-the-counter listing, it is not traded on major exchanges like the NYSE or Nasdaq, but it is still accessible to investors through brokerages that support OTC trading.

Federal Home Loan Mortgage Corporation operates in the Financial Services sector, specifically within the Mortgage Finance industry. This means the company is primarily involved in providing financing and liquidity for the mortgage market, rather than directly lending to consumers. As a government-sponsored enterprise, it plays a key role in the U.S. housing finance system by purchasing and securitizing mortgages.

Federal Home Loan Mortgage Corporation is headquartered in McLean, Virginia, United States. It primarily serves the U.S. secondary mortgage market, operating nationwide. The company's clients include mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies (HFAs), savings institutions, non-depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, REITs, and brokers and dealers.

Federal Home Loan Mortgage Corporation generates revenue primarily through its two business segments. In the Single-Family segment, it earns fees from guaranteeing single-family mortgage loans and from managing a portfolio of mortgage-related investments. In the Multifamily segment, it earns income from purchasing, securitizing, and guaranteeing multifamily loans, as well as from issuing multifamily K certificates. The company also profits from the spread between interest earned on its mortgage-related investments and its funding costs. Additionally, it manages mortgage credit and market risk to optimize returns.