twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/

Freddie Mac Profile
Last Updated December 27, 2018 7:38 PM Central



Government Takes Over Fannie, Freddie Sept. 8, 2008
The government has seized control of Fannie Mae and Freddie Mac. The move -- which is likely to push mortgage rates lower and provide a sense of stability for the more than 10,000 employees at both companies -- is a blow to congressional Democrats who for years have prevented the Bush administration from stepping up regulation of the two government sponsored enterprises.


Company Name:

Freddie Mac


Parent:

Federal Home Loan Mortgage Corp.


Stock Symbol:


FMCC (Bulletin Board)

Headquarters Address:

8200 Jones Branch Drive
McLean, Virginia, 22102-3110

Date Established:

1970

Number of Employees:


6,185 as of Feb. 1, 2018

6,004
as of Feb. 2, 2017

5,053 as of 2013

4,961 as of 2012

4,859 as of 2011

5,231 as of 2010

5,323 as of 2009

4,927 as of 2008

5,281 as of 2007


Web site:

www.FreddieMac.com

Single-Family Seller/Servicer Guide Bulletins and Industry Letters
www.freddiemac.com/sell/guide/bulletins/


Executives


Chairman of the Board:

Christopher S. Lynch

Chief Executive Officer:

Donald H. Layton

President:

David Brinkman

EVP Single Family Business:

David B. Lowman

EVP and Chief Enterprise Risk Officer:

Anil Hinduja

EVP Senior Legal Advisor:

Ricardo Anzaldua

Chief Financial Officer:

James G. Mackey

Chief Operating Officer:

Bruce M. Witherell

SVP and Chief Compliance Officer:

John Krenitsky

Chief Information Officer:

Stacey Goodman

Chief Admintrative Officer:

Jerry Weiss

Chief Credit Officer:

Raymond G. Romano (Dec. 29, 2008)

Treasurer:

Devajyoti "Doc" Ghose

Head of Human Resources:


Jacqueline M. Welch
SVP Investments & Capital Markets:

Devajyoti "Doc" Ghose

SVP Singe-Family Servicing & Real Estate:

Tracy Mooney

EVP Head of Multifamily

Deborah Jenkins
Single-Family Sourcing & Securitization:

Paul Mullings

SVP & Chief Information Officer: Robert Lux

VP - National Head of Multifamily Underwriting and Credit :

Deborah Jenkins


Income/(Loss) Before Taxes:


$10.1 billion 2018 through Sept. 30

$14.3 billion
2017

$11.6 billion 2016

$9.3 billion 2015

$11.0 billion 2014

$25.4 billion 2013

$9.4 billion 2012

($22.4 billion) 2009

($44.6 billion) 2008


MBS Issuance Activity



Business Purchases or Issuances:

$319.568 billion 2018 through Oct. 31

$428.786 billion 2017

$456.254 billion 2016

$402.010 billion 2015

$291.397 billion 2014

$452.941 billion 2013

$455.799 billion 2012

$361.047 billion 2011

$411.8 billion 2010

$548.4 billion 2009

$460.0 billion 2008

$577.7 billion 2007

$502.0 billion 2006

$581.9 billion 2005

$494.6 billion 2004

$826.4 billion 2003


MBS Fixed-Rate Issuances (eMBS):

$307.225 billion 2018

$335.825 billion 2017

$382.6 billion 2016

$333.363 billion 2015

$239.836 billion 2014

$408.573 billion 2013

$421.304 billion 2012

$273.4 billion 2011

$359.1 billion 2010

$459 billion 2009

$312.7 billion 2008

$352.2 billion 2007

$280.6 billion 2006

$316.9 billion 2005

Single Family Purchases and Issuances:

$231 billion / 992,000 loans 2018 through Sept. 30

$86 billion 2017 through March 31

$393 billion 2016

$351 billion 2015

$255 billion 2014


$423 billion 2013

$427 billion 2012

$321 billion 2011

$390 billion 2010

$483 billion 2009


Multifamily New Business Volume:

$75.9 billion / 550,900 units 2018 through Sept. 30

$12.7 billion 2017 through March 31

$56.8 billion 2016

$47.3 billion 2015

$28.3 billion 2014

$25.9 billion 2013


Multifamily Purchases and Guarantees:

$47.3 billion 2015

$28.3 billion 2014

$26 billion 2013


Multifamily Issuance:

$68 billion 2017

$51.2 billion 2016

$22.4 billion
2014


# of Residential and Multifamily Units Financed:

1,542,900 units 2018 through Sept. 30

2,311,000 2017

2,420,901 2016

2,237,000 2015

1,627,000 2014

388,000 2013


577,373 2012 through March 31

1,862,446 2011

2,122,295 2010

2,551,519 2009

Multifamily Whole Loan and Bond Guarantee Volume:

$25.9 billion 2013

$28.8 billion 2012

$20.3 billion 2011

$15 billion 2010

$17 billion 2009

$24 billion 2008

$22 billion 2007


Outstandings



Total Mortgage Portfolio:

$2.1597 trillion as of Oct. 31, 2018

$2.0976 trillion as of Dec. 31, 2017

$2.0114 trillion as of Dec. 31, 2016

$1.9416 trillion as of Dec. 31, 2015

$1.9101 trillion as of Dec. 31, 2014

$1.9147 trillion as of Dec. 31, 2013

$1.9563 trillion as of Dec. 31, 2012

$2.0754 trillion as of Dec. 31, 2011

$2.1649 trillion as of Dec. 31, 2010

$2.2505 trillion as of Dec. 31, 2009

$2.2075 trillion as of Dec. 31, 2008

$2.1027 trillion as of Dec. 31, 2007

$1.8264 trillion as of Dec. 31, 2006

$1.6842 trillion as of Dec. 31, 2005

$1.5057 trillion as of Dec. 31, 2004

$1.4144 trillion as of Dec. 31, 2003

$1.3110 trillion as of Dec. 31, 2002

$1.1382 trillion as of Dec. 31, 2001

Investment Portfolio:

$228.3 billion as of Oct. 31, 2018

$253.5 billion as of Dec. 31, 2017

$298.4 billion as of Dec. 31, 2016

$347.0 billion as of Dec. 31, 2015

$408.400 billion as of Dec. 31, 2014

$461.024 billion as of Dec. 31, 2013

$557.5 billion as of Dec. 31, 2012

$653.313 billion as of Dec. 31, 2011


Multifamily Portfolio:

$265.3 billion as of Sept. 30, 2018

$203 billion as of Dec. 31, 2017

$203.3 billion as of Sept. 30, 2016

$188 billion as of Dec. 31, 2015

$180 billion as of June 30, 2013

$180 billion as of Dec. 31, 2012

$177 billion as of Dec. 31, 2011

$169 billion as of Dec. 31, 2010

$164 billion as of Dec. 31, 2009

$154 billion as of Dec. 31, 2008

$135 billion as of Dec. 31, 2007


Residential Delinquency of at least 90 days as of Dec. 31:


0.71% as of Oct. 31, 2018

1.08% 2017

1.00% 2016

1.32% 2015

1.88% 2014

2.39% 2013

3.25% 2012

3.58% 2011

3.84% 2010

3.87% 2009

1.72% 2008

0.65% 2007

0.53% 2006

0.69% 2005

0.73% 2004

0.86% 2003


Multifamily Delinquency of at least 60 days as of Dec. 31:


0.01% as of Oct. 31, 2018

0.02% 2017

0.03% 2016

0.02% 2015

0.04% 2014

0.09% 2013

0.19% 2012

0.22% 2011

0.31% 2010

0.20% 2009


SEC Filings:


Latest Freddie Mac SEC filings



GSE News | Fannie/Freddie Share Statistics
Fannie, Freddie and FHLB news. Coverage of government sponsored enterprise regulation, operations and litigation.




Freddie Mac News Headlines


Logout forgot
password?


SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders