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Freddie Mac (FMCC) is a cornerstone of U.S. housing finance, providing liquidity to mortgage markets through innovative solutions like credit risk transfers and loan securitization. This page serves as the definitive source for Freddie Mac news, offering investors and stakeholders timely updates on operational developments and market impact.
Access curated press releases and analysis covering quarterly earnings, risk-sharing initiatives (including STACR notes), regulatory updates, and strategic partnerships. Our repository helps users track FMCC's role in maintaining housing market stability while managing systemic risks through private capital engagement.
Bookmark this page for direct access to Freddie Mac's latest multifamily financing programs, single-family mortgage innovations, and housing affordability initiatives. Stay informed about developments affecting mortgage-backed securities markets and FMCC's evolving position in government-sponsored enterprise operations.
Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K-130 Certificates) backed by fixed-rate multifamily mortgages, totaling approximately $1.1 billion. The K Certificates are anticipated to settle on or around August 12, 2021. The offering features various classes with different principal amounts and yields, including Class A-1 with a coupon of 1.156% and a dollar price of $99.9965. This move is part of Freddie Mac's strategy to transfer risk from taxpayers to private investors.
Freddie Mac (OTCQB: FMCC) announced the results of its Primary Mortgage Market Survey on August 5, 2021, revealing that the 30-year fixed-rate mortgage averaged 2.77%, down from 2.80% the previous week, and compared to 2.88% a year ago. The 15-year fixed-rate mortgage remained stable at 2.10%. Additionally, the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 2.40%, a decline from 2.45% last week. Freddie Mac's Chief Economist noted that lower mortgage rates could encourage refinancing and home purchases amid market uncertainties.
Freddie Mac (OTCQB:FMCC) has launched the CHOICEReno eXPress mortgage, a streamlined financing option for homebuyers seeking affordable solutions for small-scale renovations. This product enables renovations up to 10% of a home's value without requiring special lender pre-approval, easing the process for lenders with limited renovation experience. Additionally, Freddie Mac updated CHOICERenovation mortgage requirements to enhance flexibility for lenders. These updates will be effective for mortgages settled on or after November 1, 2021, promoting affordable housing and renovation support.
Freddie Mac (OTCQB: FMCC) announced the upcoming issuance of $170 million in Social Bonds aimed at supporting four affordable apartment communities in Las Vegas, totaling 1,139 units. Over 500 units will be affordable at 80% of the area median income. The floating-rate, 7-year, SOFR-based bonds will maximize Freddie Mac's mission of promoting affordable housing and inclusion in the multifamily sector. Osso Capital, the transaction's sponsor, emphasizes diversity and tenant financial empowerment through credit-building initiatives.
Freddie Mac (OTCQB: FMCC) announced in its latest Primary Mortgage Market Survey that the average 30-year fixed-rate mortgage rate is now 2.80%, a slight increase from the previous week's 2.78%. This low rate reflects continued economic recovery as the nation grapples with COVID-19 variants. The survey also noted a record low for the 15-year fixed-rate mortgage at 2.10%. The PMMS targets borrowers with excellent credit and 20% down payments, illustrating Freddie Mac's ongoing commitment to enhancing housing affordability across the U.S.
Freddie Mac (FMCC) reported its second quarter 2021 financial results on July 29, 2021, detailing its ongoing efforts to provide mortgage capital to lenders. The results, available in the Form 10-Q filed with the SEC, highlight Freddie Mac's commitment to making housing more accessible and affordable. A media call is scheduled for 9 a.m. ET to discuss these results, which will also be webcast and available for replay on the company's website for 30 days. For further information, visit FreddieMac.com/investors.
Freddie Mac (OTCQB: FMCC) released its June 2021 Monthly Volume Summary, detailing key metrics related to its mortgage portfolios, securities issuance, risk management, and delinquencies. The report highlights Freddie Mac's role in providing mortgage capital, contributing to accessible housing for millions since its inception in 1970. The organization continues to focus on building a more efficient housing finance system to support homebuyers, renters, lenders, and taxpayers.
Freddie Mac (OTCQB:FMCC) will report its Q2 2021 financial results on July 29, 2021, before U.S. markets open. A conference call will follow at 9 a.m. ET to discuss the results, with a simultaneous webcast available for those interested. The Investor Relations section of Freddie Mac’s website will host all related materials. Freddie Mac aims to improve housing accessibility and affordability for numerous individuals and families nationwide.
Freddie Mac (OTCQB: FMCC) anticipates record-setting multifamily origination volume in 2021, with projections ranging from $385 billion to $410 billion. The multifamily housing demand has surpassed pre-pandemic levels, driven by improving economic conditions and strong investor interest. Despite some larger gateway markets like New York and San Francisco continuing to face challenges, nearly 90% of metro areas are expected to see positive rent growth. The vacancy rate is projected to decrease to 5.0%, with rents rising by 2.5% overall.
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