Welcome to our dedicated page for Federal Home news (Ticker: FMCC), a resource for investors and traders seeking the latest updates and insights on Federal Home stock.
Freddie Mac (OTCQB: FMCC), formally the Federal Home Loan Mortgage Corporation, regularly issues news and updates that reflect its role in U.S. housing finance. The company describes its mission as making home possible for families across the nation by promoting liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, it reports having helped tens of millions of families buy, rent or keep their home.
News about Freddie Mac often covers mortgage rate trends through its Primary Mortgage Market Survey® (PMMS®). These releases provide average rates for products such as the 30-year and 15-year fixed-rate mortgage, focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. Such updates can give readers insight into movements in mortgage costs and the company’s commentary on housing demand.
Another key news theme is Freddie Mac’s activity in credit risk transfer and securities issuance. The company publishes updates on its Single-Family Credit Risk Transfer (CRT) programs, including STACR® and ACIS® transactions, and on multifamily securities such as K-Deals®, Multi PCs®, SB-Deals®, M-Deals, ML-Deals, Q-Deals, MSCR notes and MCIP policies. These announcements describe how Freddie Mac transfers credit, interest-rate and liquidity risk away from U.S. taxpayers to private investors and (re)insurers.
Freddie Mac also releases information on its Monthly Volume Summary, tender offers for STACR notes, and exchange offers for Gold PCs and Giant PCs. Governance and leadership developments, such as changes in executive roles or board membership, are disclosed through press releases and related SEC filings. Investors and observers can use this news feed to follow Freddie Mac’s mortgage market surveys, securities issuance, risk transfer activity and corporate updates in one place.
Freddie Mac (OTCQB: FMCC) reports that mortgage rates remained stable, with the 30-year fixed-rate mortgage (FRM) averaging 6.76%, unchanged from the previous week and down from 7.09% a year ago. The 15-year FRM decreased to 5.89% from last week's 5.92%, compared to 6.38% a year ago.
According to Chief Economist Sam Khater, the current rate environment, which is 30 basis points lower than last year, has led to increased purchase applications, contrasting with the declining trend observed a year ago. The survey focuses on conventional, conforming home purchase loans for borrowers with 20% down payment and excellent credit.
Freddie Mac (OTCQB: FMCC) has announced the results of its tender offer for various STACR (Structured Agency Credit Risk) Notes. As of May 6, 2025, approximately $1.7 billion aggregate original principal amount of Notes had been validly tendered. The tender offer was conducted according to conditions set in the Offer Documents dated April 30, 2025.
Notable tender results include 84.16% acceptance of STACR 2022-DNA4 M-1A ($466.3M), 78.89% of STACR 2022-DNA2 M-1B ($470.9M), and 78.55% of STACR 2022-DNA3 M-1A ($527.9M). The settlement date is expected on May 8, 2025, with guaranteed delivery purchases scheduled for May 12, 2025.
The tender offer is being managed by BofA Securities and Wells Fargo Securities as lead dealer managers, with CastleOak Securities as co-dealer manager.Freddie Mac (OTCQB: FMCC) has published its Monthly Volume Summary for March 2025. The summary includes key information about the company's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. This routine monthly report provides transparency into Freddie Mac's operations and financial activities in support of its mission to promote liquidity, stability, and affordability in the housing market.
Freddie Mac (OTCQB: FMCC) reported a decline in mortgage rates in its latest Primary Mortgage Market Survey®. The 30-year fixed-rate mortgage (FRM) averaged 6.76%, down from 6.81% last week and significantly lower than the 7.22% recorded a year ago. The 15-year FRM also decreased to 5.92% from 5.94% last week, compared to 6.47% a year ago. Chief Economist Sam Khater noted that the 30-year FRM rates have fallen below the first quarter average of 6.83%.
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.
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