Federal Home Stock Price, News & Analysis

Freddie Mac (OTCQB: FMCC) has announced its First Quarter 2025 financial results and filed its Quarterly Report on Form 10-Q with the SEC. The company has made the earnings press release, Form 10-Q, and financial results supplement available on their Investor Relations website. A media call is scheduled for 9 a.m. ET on May 1, 2025, with a concurrent webcast that will be available for replay for approximately 30 days.

Freddie Mac (OTCQB:FMCC) has scheduled the release of its First Quarter 2025 financial results for Thursday, May 1, 2025, before U.S. financial markets open. The company will host a media call at 9 a.m. Eastern Time on the same day.

The event will feature a concurrent webcast, with replay availability on the company's website for approximately 30 days. All related materials will be accessible through Freddie Mac's Investor Relations webpage.

As a key player in the housing market since 1970, Freddie Mac's mission focuses on:

• Making home ownership possible for families nationwide
• Promoting market liquidity
• Ensuring stability and affordability across economic cycles

Freddie Mac has announced a fixed-price cash tender offer to purchase any and all of specific STACR Notes (Structured Agency Credit Risk). The tender offer begins April 30, 2025, and expires at 5 p.m., New York City time, on May 6, 2025.

BofA Securities and Wells Fargo Securities are serving as lead dealer managers, with CastleOak Securities as co-dealer manager. The expected settlement date is May 8, 2025, with guaranteed delivery purchases expected on May 12, 2025.

The offer includes multiple STACR Notes series from 2016-2022, with tender offer considerations ranging from $1,001.88 to $1,195.00 per $1,000 original principal amount. Notable offerings include large principal amounts such as $672 million for STACR 2022-DNA3 M-1A and $597 million for STACR 2022-DNA2 M-1B notes.

Freddie Mac (OTCQB: FMCC) reported a slight decrease in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.81%, down from 6.83% last week and 7.17% a year ago. The 15-year FRM decreased to 5.94% from 6.03% last week, compared to 6.44% a year ago.

According to Sam Khater, Freddie Mac's Chief Economist, the 30-year fixed-rate mortgage has maintained stability over the last couple of months, fluctuating less than 20 basis points. This stability is viewed as beneficial for both buyers and sellers in the housing market.

Freddie Mac (OTCQB: FMCC) reported that the 30-year fixed-rate mortgage (FRM) averaged 6.83% as of April 17, 2025, showing an increase from last week's 6.62%. This marks the thirteenth consecutive week of rates remaining below 7%.

The current rate environment shows improvement compared to last year when rates were at 7.1%. Purchase application demand is currently 13% higher than the previous year, indicating a stronger start to this year's spring homebuying season. The 15-year FRM averaged 6.03%, up from last week's 5.82%, but lower than the previous year's 6.39%.

Freddie Mac (OTCQB: FMCC) has announced the sale of 28 deeply delinquent non-performing residential first lien loans (NPLs) to VRMTG ACQ, The transaction, valued at approximately $5.3 million, is part of Freddie Mac's Extended Timeline Pool Offering (EXPO®) and is expected to settle in June 2025.

Key details of the sale include:

• Average loan balance: $188,000
• Average delinquency: 16 months
• Geographic location: Texas
• Previously modified loans: 55% of pool balance

The sale is part of Freddie Mac's strategy to reduce less-liquid assets in its mortgage-related investments portfolio. Since 2011, the company has sold $10.4 billion of NPLs and securitized about $80.3 billion of re-performing loans through various programs.

Freddie Mac (OTCQB: FMCC) reports that the 30-year fixed-rate mortgage (FRM) continues its downward trend, averaging 6.62% as of April 10, 2025, a decrease from 6.64% last week and 6.88% from the previous year. The mortgage rate has remained below 7% for twelve consecutive weeks.

The 15-year FRM held steady at 5.82%, down from 6.16% a year ago. According to Sam Khater, Freddie Mac's Chief Economist, purchase applications are increasing, suggesting a more favorable spring homebuying season compared to last year.

Freddie Mac (OTCQB: FMCC) reports a slight decrease in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.64% as of April 3, 2025, down from 6.65% last week and 6.82% a year ago. The 15-year FRM decreased to 5.82% from 5.89% last week, compared to 6.06% a year ago.

According to Sam Khater, Freddie Mac's Chief Economist, the 30-year fixed-rate has shown stability over the last month, leading to increased purchase application demand reaching the highest growth rate since late last year.

Freddie Mac (OTCQB: FMCC) has successfully sold 1,458 deeply delinquent non-performing residential first lien loans (NPLs) through an auction, totaling approximately $261 million. The transaction, part of Freddie Mac's Standard Pool Offerings (SPO®), is expected to settle in May 2025.

The sale was structured in three pools:

• Pool #1: $178.3 million (990 loans)
• Pool #2: $65.4 million (375 loans)
• Pool #3: $17.6 million (93 loans)

RCAF Loan Acquisition, LP won Pool #1, while Residential Credit Opportunities X, secured Pools #2 and #3. About 54% of the loans were previously modified before becoming delinquent. Purchasers must honor existing loss mitigation agreements and seek additional assistance for distressed borrowers.