Federal Home Loan Mortgage Corporation

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Federal Home Loan Mortgage Corp. engages in the provision of housing finance system solutions. It operates through the Single-Family and Multifamily segments. The Single-Family segment is involved in purchase, securitization, and guarantee of single-family loans, investments, and management of single-family mortgage credit risk and market risk. The Multifamily segment focuses on purchase, securitization, and guarantee of multifamily loans, investments, securities, and management of multifamily mortgage credit risk and market risk. The company was founded on July 24, 1970 and is headquartered in McLean, VA.

MCLEAN, Va., Sept. 21, 2023 (GLOBE NEWSWIRE) -- The Freddie Mac (OTCQB: FMCC) Multifamily Apartment Investment Market Index® (AIMI®) rose by 5.1% in the second quarter of 2023, marking the second straight quarter of AIMI increasing nationwide and in all 25 markets. Over the year, AIMI decreased in the nation and in 23 markets, although this quarter's drop of -2.6% year over year was significantly smaller than last quarter's national annual drop of -17.6%.

Freddie Mac Multifamily Apartment Investment Market Index Rises Again in Second Quarter of 2023

MCLEAN, Va., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.19 percent.

Mortgage Rates Remain Flat, Lingering Above Seven Percent

MCLEAN, Va., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.18 percent.

Mortgage Rates Inch Back Up

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 Standards Board (SASB) Index and Metrics for the years 2020-2022, as well as a Taskforce on Climate-Related Financial Disclosures (TCFD) Index.

Freddie Mac Publishes 2022 Sustainability Report

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 transition is anticipated.

Freddie Mac Announces Michael J. DeVito to Retire as CEO

MCLEAN, Va., Sept. 07, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.12 percent.

Mortgage Rates Decrease from Last Week While Remaining Above Seven Percent

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2023-K159 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates (SPCs), Series K-159. FREMF 2023-K159 is a $1.11 billion CMBS multi-borrower transaction. Freddie Mac will guarantee six classes of certificates issued in the underlying Series 2023-K159 securitization and will deposit the guaranteed underlying certificates i.

KBRA Assigns Preliminary Ratings to FREMF 2023-K159 and Freddie Mac Structured Pass-Through Certificate Series K-159

MCLEAN, Va., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its relief options for those affected by Hurricane Idalia. Freddie Mac's forbearance program provides homeowners mortgage relief for up to 12 months without incurring late fees or penalties.

Freddie Mac Reminds Homeowners Affected by Hurricane Idalia of Mortgage Relief Options

MCLEAN, Va., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced that Peter Lillestolen has been named Vice President, Production & Sales of Targeted Affordable Housing (TAH). In his new role, Peter will oversee the TAH retail business, Low-Income Housing Tax Credit (LIHTC) Equity, Structured Transactions for both Conventional and TAH, as well as Seniors Housing.

Freddie Mac Multifamily Names Peter Lillestolen Vice President, Production & Sales of Targeted Affordable Housing

Includes two Extended Timeline Pool Offerings Targeting Smaller Investors Includes two Extended Timeline Pool Offerings Targeting Smaller Investors

Freddie Mac Announces $628 million NPL Sale

MCLEAN, Va., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for July 2023, which provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.

Freddie Mac Issues Monthly Volume Summary for July 2023

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA is pleased to announce the assignment of ratings to four classes of FREMF Series 2023-K752 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates (SPCs), Series K-752. FREMF 2023-K752 is a $947.8 million CMBS multi-borrower transaction. Freddie Mac will guarantee six classes of certificates issued in the underlying Series 2023-K752 securitization and will deposit the guaranteed underlying certificates into a separ.

KBRA Assigns Ratings to FREMF 2023-K752 and Freddie Mac Structured Pass-Through Certificate Series K-752

MCLEAN, Va., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its immediate relief options for those affected by the tragic wildfires in Maui. Freddie Mac's forbearance program provides homeowners immediate mortgage relief for up to 12 months without incurring late fees or penalties.

Freddie Mac Reminds Homeowners Affected by Devastating Wildfires in Maui of Immediate Mortgage Relief Options

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2023-K752 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates (SPCs), Series K-752. FREMF 2023-K752 is a $947.8 million CMBS multi-borrower transaction. Freddie Mac will guarantee six classes of certificates issued in the underlying Series 2023-K752 securitization and will deposit the guaranteed underlying certificates.

KBRA Assigns Preliminary Ratings to FREMF 2023-K752 and Freddie Mac Structured Pass-Through Certificate Series K-752

MCLEAN, Va., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.96 percent.

Mortgage Rates Rise for the Third Consecutive Week

MCLEAN, Va., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted the results of its 2023 stress test for the severely adverse scenario conducted under the Federal Housing Finance Agency's implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The results are available at https://www.freddiemac.com/investors/resources.

Freddie Mac Discloses Dodd-Frank Act Stress Test Results

MCLEAN, Va., Aug. 03, 2023 (GLOBE NEWSWIRE) -- As multifamily rental demand slowly returned in the first half of 2023, Freddie Mac (OTCQB: FMCC) projects the market will continue to stabilize but see below-average growth throughout the rest of the year. Macroeconomic headwinds, including the elevated 10-Year Treasury rate, will lead to a contraction in multifamily origination volume to $370 billion. However, the economy is maintaining positive momentum, propelled by a strong labor market helping to maintain multifamily fundamentals.

Midyear Outlook Shows Multifamily Demand Returning Slowly in Uncertain Economic Climate

Federal National Mortgage Association

Ratings agency Fitch on Wednesday downgraded U.S. mortgage finance giants Fannie Mae and Freddie Mac Long-Term Issuer Default Ratings (IDR) and senior unsecured debt ratings to 'AA+' from 'AAA' after the U.S. rating downgrade on Tuesday.

Fitch downgrades Fannie Mae, Freddie Mac after US rating cut

MCLEAN, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Freddie Mac's (OTCQB: FMCC) Single-Family Credit Risk Transfer (CRT) program recently marked 10 years of innovation in credit risk management.

Freddie Mac Single-Family Credit Risk Transfer Program Marks 10 Years

MCLEAN, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today the pricing of its first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2023—a securitization of approximately $471 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned re-performing loans (RPLs). The SCRT program is a fundamental part of Freddie Mac's seasoned loan offerings which reduce less liquid assets in its mortgage-related investments portfolio and shed credit and market risk via economically reasonable transactions.

Freddie Mac Prices Approximately $471 Million Securitization of Re-Performing Loans

MCLEAN, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced enhancements to its automated income assessment tool to include tax transcripts as a new data source.

Freddie Mac Announces New Capabilities to Expand Income Data Sources Using Tax Transcripts

MCLEAN, Va., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today reported its Second Quarter 2023 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission. The company's Form 10-Q and earnings press release, along with the Second Quarter 2023 financial results supplement are available now on the Investor Relations page of the company's website.

Freddie Mac Announces Second Quarter 2023 Financial Results

MCLEAN, Va., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to report its Second Quarter 2023 financial results before the U.S. financial markets open on Wednesday, August 2, 2023.

Freddie Mac Announces Release Date for Second Quarter 2023 Financial Results

MCLEAN, Va., July 27, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.81 percent.

Mortgage Rates Inch Up

MCLEAN, Va., July 25, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for June 2023, which provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.

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