Federal Home Stock Price, News & Analysis

Freddie Mac (OTCQB: FMCC) has announced a $290 million non-performing loan (NPL) sale through auction. The offering comprises seasoned, deeply delinquent residential first lien whole loans from Freddie Mac's mortgage-related investments portfolio.

The NPLs are being offered through four pools: three Standard Pool Offerings (SPO) and one Extended Timeline Pool Offering (EXPO) targeting smaller investors, including non-profits and minority-owned businesses. Bids are due by March 27, 2025 for SPO pools and April 10, 2025 for the EXPO pool.

Since 2011, Freddie Mac has sold $10.4 billion of NPLs and securitized approximately $79.6 billion of re-performing loans (RPLs), including $30.4 billion via guaranteed MBS, $36.2 billion through SCRT program, and $13.0 billion via SLST program.

Freddie Mac (OTCQB: FMCC) has announced the pricing of its first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2025, a securitization valued at approximately $759 million. The offering includes $727 million in guaranteed senior certificates and $32 million in non-guaranteed mezzanine and subordinate certificates.

The transaction, expected to settle on March 11, 2025, is backed by 4,678 seasoned re-performing loans (RPLs), including both modified loans to assist borrowers at risk of foreclosure and unmodified loans. All mortgage loans are current as of the Cut-Off Date and will be serviced by Select Portfolio Servicing, Inc.

To date, Freddie Mac has sold over $10.4 billion of Non-Performing Loans and securitized approximately $79.6 billion of RPLs, consisting of $30.4 billion in guaranteed PCs, $36.2 billion in SCRT securities, and $13.0 billion in SLST securities.

Freddie Mac (OTCQB: FMCC) reports significant mortgage rate decreases in its latest Primary Mortgage Market Survey®. The 30-year fixed-rate mortgage dropped to 6.63% from 6.76% last week, marking the largest weekly decline since mid-September. This represents a decrease from 6.88% recorded a year ago.

The 15-year fixed-rate mortgage also decreased to 5.79% from 5.94% last week, down from 6.22% a year ago. According to Chief Economist Sam Khater, this rate decline enhances homebuyers' purchasing power and provides refinancing opportunities for existing homeowners. Notably, the refinance share of mortgage applications has reached nearly 44%, the highest level since mid-December.

Freddie Mac (OTCQB: FMCC) reported a decrease in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.76%, down from 6.85% last week and 6.94% a year ago. The 15-year FRM also decreased to 5.94% from 6.04% last week, compared to 6.26% a year ago.

According to Sam Khater, Freddie Mac's Chief Economist, this represents the lowest mortgage rates in over two months. The combination of lower rates and slightly improving inventory presents a favorable environment for potential homebuyers.

Freddie Mac (OTCQB: FMCC) has released its Monthly Volume Summary for January 2025. The report contains detailed information about the company's mortgage-related portfolios, securities issuance, risk management practices, delinquency rates, debt activities, and other investment operations.

Freddie Mac (OTCQB: FMCC) reported a slight decrease in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.85%, down from 6.87% last week and 6.90% a year ago. The 15-year FRM decreased to 6.04% from 6.09% last week, compared to 6.29% a year ago.

According to Sam Khater, Freddie Mac's Chief Economist, the 30-year fixed-rate mortgage has remained below 7% for five consecutive weeks, with fluctuations less than 20 basis points. This stability is viewed as positive for potential buyers and sellers as the spring homebuying season approaches.

Freddie Mac (OTCQB: FMCC) reported that the 30-year fixed-rate mortgage (FRM) averaged 6.87% as of February 13, 2025, showing a slight decrease from 6.89% last week. However, this rate is higher compared to 6.77% recorded a year ago.

The 15-year FRM increased to 6.09% from last week's 6.05%, but remains lower than the 6.12% rate from a year ago. According to Sam Khater, Freddie Mac's Chief Economist, the recent mortgage rate stability is positively impacting potential buyers, with purchase demand showing stronger performance compared to the same period last year.

Freddie Mac (OTCQB: FMCC) has announced its Fourth Quarter and Full-Year 2024 financial results and filed its Annual Report on Form 10-K with the SEC. The company has made these documents available on their Investor Relations webpage, along with the Q4 2024 financial results supplement.

The company will host a media call at 9 a.m. ET on February 13, 2025, to discuss the results. A concurrent webcast will be available, with a replay accessible on the company's website for approximately 30 days.

Freddie Mac (OTCQB:FMCC) has announced it will release its Fourth Quarter and Full-Year 2024 financial results before U.S. financial markets open on Thursday, February 13, 2025. The company will host a media call at 9 a.m. Eastern Time on the same day, which will be webcast with a replay available on their website for approximately 30 days.

All materials related to the call will be accessible through the company's Investor Relations webpage. Freddie Mac continues its mission of promoting liquidity, stability, affordability, and equity in the housing market throughout economic cycles, having helped tens of millions of families buy, rent, or keep their homes since 1970.