Federal Home Loan Mortgage Corporation
News and overview for Federal Home Loan Mortgage Corporation
The PMI Group, Inc. Reports Third Quarter 2009 Financial Results [Press Release]
PRNewswire | 16 days 17 hours 3 minutes ago
WALNUT CREEK, Calif., Nov. 6 /PRNewswire-FirstCall/ -- The PMI Group, Inc.
Popular, Inc. Reports Financial Results for the Quarter and Nine Months Ended September 30, 2009 [Press Release]
PRNewswire | 34 days 17 hours 3 minutes ago
SAN JUAN, Puerto Rico, Oct. 19 /PRNewswire-FirstCall/ -- Popular, Inc. ("the Corporation")
Capstead Mortgage Corporation Announces Third Quarter 2009 Earnings [Press Release]
Business Wire | 25 days 12 hours 30 minutes ago
Capstead Mortgage Corporation (NYSE: CMO):
Aggressive Cost Control Helps HEI s Third Quarter Earnings [Press Release]
Business Wire | 21 days 3 minutes ago
Hawaiian Electric Industries, Inc. (NYSE:HE) today reported consolidated net income for common stock for the third quarter of 2009 of $33.5 million, or $0.37 per share, compared to $37.3 million, or $0.44 cents per share for the third quarter of 2008.
Sterling Financial Corporation of Spokane, Washington, Announces Third-Quarter 2009 Results [Press Release]
Business Wire | 31 days 13 hours 33 minutes ago
Sterling Financial Corporation (NASDAQ:STSA), the bank holding company of Sterling Savings Bank and Golf Savings Bank, today announced results for the quarter and the nine months ended September 30, 2009.
Charter Financial Reports Fiscal 2009 Earnings [Press Release]
PRNewswire | 6 days 12 hours 52 minutes ago
...Charter Financial Corporation today reported...the sale of mortgage securities...million for a Federal Home Loan Bank borrowing...million in mortgage securities...Charter Financial Corporation is a savings...bank and a federal savings institution...
First Bankshares, Inc., Parent of SuffolkFirst Bank, Reports Total Risk Based Capital Ratio of 14.72% after Recording a $942,000 loss or 41 cents per share for the Quarter Ended September 30, 2009 [Press Release]
PRNewswire | 30 days 8 hours 3 minutes ago
...while net interest income after a loan loss provision of $1,570...the result of a reduction in Federal Home Loan Bank and Federal Reserve Bank dividends, a lower volume of mortgage loans originated in the secondary...
PacWest Bancorp Announces Results for the Third Quarter of 2009 [Press Release]
PRNewswire | 26 days 16 hours 3 minutes ago
...increase in Federal Home Loan Bank (FHLB...Company's blended Federal and State statutory...Affinity from the Federal Deposit Insurance Corporation ("FDIC") in...Residential, Home equity credit... Our loan portfolio, including...
Bank of Commerce Holdings(TM) Announces Third Quarter 2009 Operating Results [Press Release]
PRNewswire | 23 days 14 hours 3 minutes ago
REDDING, Calif., Oct. 30 /PRNewswire-FirstCall/ --
Investors Bancorp, Inc. Announces Fourth Quarter and Year-End Financial Results [Press Release]
PRNewswire | 110 days 8 hours 2 minutes ago
SHORT HILLS, N.J., Aug. 4 /PRNewswire-FirstCall/ -- Investors Bancorp, Inc.
City Bank Announces 3rd Quarter 2009 Results [Press Release]
Business Wire | 23 days 10 hours 32 minutes ago
City Bank (NASDAQ:CTBK) today announced a net loss of $35.56 million for the quarter ended September 30, 2009, or $2.26 per diluted share, compared to a reported net loss of $10.96 million, or $.69 per diluted share, for the same quarter in the prior year. The Bank also announced a net loss of $66.34 million, or $4.21 per share, for the nine months ended September 30, 2009, compared to a net income of $4.04 million, or $.26 per share, for the same period in 2008. The primary causes for the ne...
Harleysville National Corporation Reports Third Quarter Results [Press Release]
Business Wire | 23 days 22 hours 3 minutes ago
Harleysville National Corporation (NASDAQ:HNBC) reported today a net loss of $4.4 million or $.10 per diluted share for the third quarter of 2009. This compares to net income of $6.6 million, or $.21 per diluted share, for the third quarter of 2008.
Capitol Federal Financial Reports Third Quarter 2009 Results [Press Release]
PRNewswire | 110 days 21 hours 32 minutes ago
TOPEKA, Kan., Aug. 4 /PRNewswire-FirstCall/ -- Capitol Federal Financial
Westamerica Bancorporation Third Quarter 2009 Financial Results [Press Release]
Business Wire | 39 days 16 hours 21 minutes ago
Westamerica Bancorporation (NASDAQ: WABC) earned net income applicable to common shareholders of $23.8 million, or $0.81 per diluted common share (“EPS”), for the three months ended September 30, 2009, compared to net income applicable to common shareholders of $22.1 million, or $0.75 EPS, for the three months ended June 30, 2009. During the third quarter 2009, Westamerica completed systems conversions and branch consolidations related to the purchase of assets and assumption of liabilities o...
FirstMerit Reports Third Quarter 2009 EPS of $0.27 Per Share [Press Release]
PRNewswire | 26 days 17 hours 33 minutes ago
...168,951 Mortgage loans 555...617,265 Home equity loans...allowance for loan losses 100...other than federal income taxes...Bankcard, loan processing...FIRSTMERIT CORPORATION AND SUBSIDIARIES...ALLOWANCE FOR LOAN LOSSES - Net...892 10,727 Mortgage 1,455 1...060 17,464 Home equity 1...
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 |
