Federal Home Loan Mortgage Corporation
News and overview for Federal Home Loan Mortgage Corporation
Bimini Capital Management Declares Two Dividends and Announces Third Quarter 2009 Results [Press Release]
Business Wire | 14 days 1 hour 1 minute ago
Bimini Capital Management, Inc. (OTCBB: BMNM):
Mid-America Reports Third Quarter Results [Press Release]
PRNewswire | 17 days 14 hours 34 minutes ago
MEMPHIS, Tenn., Nov. 4 /PRNewswire-FirstCall/ -- Mid-America Apartment Communities, Inc.
Illinois Home Sales Show First Increase in Over Three Years [Press Release]
PRNewswire | 31 days 34 minutes ago
...in September 2008. The median home sale price for the Chicagoland...for a 30-year, fixed-rate mortgage for the North Central region...previous month, according to the Federal Home Loan Mortgage Corporation. Last year in September it averaged...
MC Companies Secures Freddie Mac Financing and Closes on 238 Unit Multifamily Community in Dallas/Ft Worth, Texas [Press Release]
PRNewswire | 23 days 18 hours 52 minutes ago
...making it attractive to our investors. The acquisition was financed by PNC ARCS who provided FHLMC (Federal Home Loan Mortgage Corporation) financing at an attractive rate." Saddle Creek, a 238 unit, class B, garden style apartment...
August Illinois Home Sales Strong at the Entry Level [Press Release]
PRNewswire | 60 days 5 hours 31 minutes ago
...a short-term no-interest loan of up to $6,000 for the down...for a 30-year, fixed-rate mortgage for the North Central region...previous month, according to the Federal Home Loan Mortgage Corporation. Last year in August it averaged...
First Financial Bancorp Reports Second Quarter 2009 Earnings & Financial Results [Press Release]
PRNewswire | 112 days 5 hours 33 minutes ago
CINCINNATI, Aug. 3 /PRNewswire-FirstCall/ --
EMC Insurance Group Inc. Reports 2009 Third Quarter Results [Press Release]
Business Wire | 31 days 8 hours 34 minutes ago
EMC Insurance Group Inc. (Nasdaq:EMCI) today reported operating income of $3,152,000 ($0.24 per share) for the third quarter ended September 30, 2009, compared to an operating loss of $295,000 ($0.02 per share) for the third quarter of 20081. For the nine-month period ended September 30, 2009, operating income was $20,920,000 ($1.58 per share) compared to $8,635,000 ($0.63 per share) for the same period in 2008.
Chicago-area home sales jump 33%
Chicago Tribune | 2 hours 48 minutes ago
Like holiday shoppers in search of a good bargain, first-time home buyers were out in force last month, scooping up homes to grab a federal tax credit that was to have expired Nov. 30.
Illinois Home Sales Surge 61.8 Percent in 2nd Quarter From 1st Quarter [Press Release]
PRNewswire | 104 days 5 hours 32 minutes ago
...the Illinois Home Start advance loan, which also ends December 1...for a 30-year, fixed-rate mortgage for the North Central Region...according to data from the Federal Home Loan Mortgage Corporation. It was down from 5.12 percent...
July Illinois Home Sales Show Solid Activity [Press Release]
PRNewswire | 94 days 5 hours 32 minutes ago
...in July 2008. The median home sale price for the Chicagoland...for a 30-year, fixed-rate mortgage for the North Central region...previous month, according to the Federal Home Loan Mortgage Corporation. Last year in July it averaged...
Allied World Assurance Company Appoints Barbara T. Alexander to Board of Directors [Press Release]
PRNewswire | 103 days 5 hours 3 minutes ago
PEMBROKE, Bermuda, Aug. 12 /PRNewswire-FirstCall/ -- Allied World Assurance Company Holdings, Ltd
Bank Mutual Corporation Reports Earnings for the Nine Months Ended September 30, 2009, and the Third Quarter of 2009
CNBC | 33 days 18 hours 21 minutes ago
MILWAUKEE, Oct 20, 2009 /PRNewswire-FirstCall via COMTEX/ -- Bank Mutual Corporation (Nasdaq: BKMU) reported net income for the nine months ended September 30, 2009, of $12.2 million or $0.26 per diluted share compared to $11.0 million or $0.23 per diluted share in the same period last year. Net income for the third quarter of 2009 was $1.2 million or $0.03 per diluted share compared to $1.6 million or $0.03 per diluted share in the same quarter last year. Results for the nine months ended Se...
Farmers Capital Bank Corporation Announces Third Quarter Results
CNBC | 33 days 19 hours 1 minute ago
FRANKFORT, Ky., Oct 20, 2009 /PRNewswire-FirstCall via COMTEX/ -- Farmers Capital Bank Corporation (Nasdaq: FFKT) (the "Company") reported a net loss of $174 thousand or $.09 per common share for the quarter ended September 30, 2009 compared to a net loss of $801 thousand or $.17 per common share for the quarter ended June 30, 2009 and a net loss of $6.9 million or $.94 per common share for the quarter ended September 30 a year ago. Net income for the nine months ended September 30, 2009 was ...
Columbia Banking System Announces Third Quarter 2009 Results and Declares Cash Dividend --Business Fundamentals Remain Strong; Company is Very Well Capitalized, With Strong Liquidity and Excellent Core Deposit Base
CNBC | 25 days 4 hours 40 minutes ago
TACOMA, Wash., Oct 29, 2009 /PRNewswire-FirstCall via COMTEX/ -- Columbia Banking System, Inc. (Nasdaq: COLB) ("Columbia") today announced third quarter 2009 results reflecting a net loss applicable to common shareholders of $2.6 million, compared with a net loss of $8.8 million for the third quarter of 2008.
Eaton Vance Launches Build America Bond Fund --First Actively Managed Mutual Fund to Invest in Build America Bonds
CNBC | 6 days 1 hour 40 minutes ago
BOSTON, Nov 17, 2009 /PRNewswire-FirstCall via COMTEX/ -- Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), announced today the launch of Eaton Vance Build America Bond Fund (the "Fund"), America's first actively managed mutual fund designed for investment in taxable municipal obligations issued under the American Recovery & Reinvestment Act of 2009 ("Build America Bonds"), landmark legislation enacted to provide sweeping stimulus for the U.S. economy.
Company Overview
| Company: | Federal Home Loan Mortgage Corporation |
|---|---|
| Industry: | Mortgage Banking & Related Services |
| Website: | http://www.freddiemac.com |
Freddie Mac (officially the Federal Home Loan Mortgage Corporation) is a government-sponsored enterprise that, along with its sister agency the Federal National Mortgage Association (Fannie Mae), creates liquidity in the residential mortgage market by guaranteeing, purchasing, securitizing, and investing in home loans. The company buys conventional residential mortgages from mortgage bankers, mitigating risk and letting them provide mortgages to those who otherwise wouldn't qualify. It also provides assistance for affordable rental housing. In September 2008 the government seized the company, crippled by the mortgage crisis, in one of the largest government interventions in business since the Great Depression.
Key Numbers
| Sales in U.S. Dollars (mil.) | -22,379 (2008) |
|---|---|
| One-year % Growth in Sales | 0.0 (2008) |
| Net Income in U.S. Dollars (mil.) | -50,119 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 5,012 (2008) |
| One-year % Growth in Number of Employees | 0.2 (2008) |
| Fiscal Year-End | December |